Family Care Tax Credit Act

1/17/2023, 12:03 AM
Family Care Tax Credit Act - Amends the Internal Revenue Code with respect to the household and dependent care services credit to: (1) eliminate the employment-related requirement; (2) increase the credit percentage; and (3) revise allowable amounts considered for credit calculation.
Congress
107
Number
HR - 1126
Introduced on
2001-03-20
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

3/20/2001
Text
PDF

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Family Care Tax Credit Act - Amends the Internal Revenue Code with respect to the household and dependent care services credit to: (1) eliminate the employment-related requirement; (2) increase the credit percentage; and (3) revise allowable amounts considered for credit calculation.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to allow all taxpayers who maintain households with dependents a credit for dependents.
Policy Areas
Taxation
Potential Impact
Adult day care•
Costs•
Day care•
Disabled•
Families•
Income tax•
Labor and Employment•
Married people•
Personal income tax•
Social Welfare•
Tax credits

Comments

Related

Member:  Todd Tiahrt
Member:  Jim Ryun
Bill Update Alert:  Economic Growth and Tax Relief Reconciliation Act of 2001

Recent Activity

Latest Summary11/28/2006
Family Care Tax Credit Act - Amends the Internal Revenue Code with respect to the household and dependent care services credit to: (1) eliminate the employment-related requirement; (2) increase the credit percentage; and (3) revise allowable amounts ...
Latest Action8/13/2001
See H.R.1836.