US SB931 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 28-1)
Status: Introduced on March 28 2019 - 25% progression, died in committee
Action: 2019-03-28 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 28 2019 - 25% progression, died in committee
Action: 2019-03-28 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Modifies the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent to (1) increase to $120,000, the adjusted gross income threshold level above which the credit is incrementally reduced; (2) increase the dollar limits on the allowable amount of the credit; (3) specify rules for married couples filing separate returns; (4) allow an inflation adjustment to the adjusted gross income threshold and the maximum credit amounts, beginning after 2020; and (5) make the credit refundable.
Title
Child and Dependent Care Tax Credit Enhancement Act of 2019
Sponsors
Sen. Robert Casey [D-PA] | Sen. Patty Murray [D-WA] | Sen. Ron Wyden [D-OR] | Sen. Sherrod Brown [D-OH] |
Sen. Benjamin Cardin [D-MD] | Sen. Maria Cantwell [D-WA] | Sen. Kirsten Gillibrand [D-NY] | Sen. Margaret Hassan [D-NH] |
Sen. Mazie Hirono [D-HI] | Sen. Robert Menendez [D-NJ] | Sen. Debbie Stabenow [D-MI] | Sen. Catherine Cortez Masto [D-NV] |
Sen. Amy Klobuchar [D-MN] | Sen. Chris Van Hollen [D-MD] | Sen. Richard Blumenthal [D-CT] | Sen. Michael Bennet [D-CO] |
Sen. Sheldon Whitehouse [D-RI] | Sen. Jeff Merkley [D-OR] | Sen. Jack Reed [D-RI] | Sen. Richard Durbin [D-IL] |
Sen. Patrick Leahy [D-VT] | Sen. Charles Schumer [D-NY] | Sen. Tammy Duckworth [D-IL] | Sen. Martin Heinrich [D-NM] |
Sen. Doug Jones [D-AL] | Sen. Tammy Baldwin [D-WI] | Sen. Angus King [I-ME] | Sen. Cory Booker [D-NJ] |
Sen. Christopher Murphy [D-CT] |
History
Date | Chamber | Action |
---|---|---|
2019-03-28 | Senate | Read twice and referred to the Committee on Finance. |
Same As/Similar To
HB1967 (Related) 2019-03-28 - Referred to the House Committee on Ways and Means.
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/931/all-info |
Text | https://www.congress.gov/116/bills/s931/BILLS-116s931is.pdf |