118th Congress Taxation
H.R. 7547: Young Adult Tax Credit Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill allows a refundable young adult tax credit and a monthly advance payment of such credit. The bill defines young adult as an individual who is at least age 18, but not yet 25, and is either a citizen, national, or resident of the United States.
The amount of such credit is the sum of $500 for each taxpayer or taxpayer dependent who is a young adult in any calendar month.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- André Carson D-INOriginal
- Barbara Lee D-CAOriginal
- Greg Landsman D-OHOriginal
- Eleanor Norton D-DCOriginal
- Delia Ramirez D-ILOriginal
- Shri Thanedar D-MIOriginal
- Bonnie Watson Coleman D-NJOriginal
- Robert Garcia D-CA
- Gregorio Casar D-TX
- Jill Tokuda D-HI
- Gabe Amo D-RI
- Cori Bush D-MO
- Rashida Tlaib D-MI
Who scored on this bill
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Other bills by Morgan McGarvey
History
- Introduced in the House by Morgan McGarvey.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Ways and Means.