Politiparty
Politiparty

118th Congress Taxation

H.R. 7252: Child and Dependent Care Tax Credit Enhancement Act of 2024

Introduced

  1. Introduced (completed)Feb 6, 2024
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Feb 6, 2024

This bill modifies the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent to (1) increase to $400,000, 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 2024; and (5) make the credit refundable for taxpayers who have a principal residence for more than half of the taxable year.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

19

Who scored on this bill

0 points earned

No member has earned points from it yet.

See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Danny Davis

History

  1. Feb 6, 2024Introduced in the House by Danny Davis.
Show the full action history (2 actions)
  1. Feb 6, 2024Introduced in House
  2. Feb 6, 2024Referred to the House Committee on Ways and Means.