To amend the Internal Revenue Code of 1986 to increase the child tax credit to $2,000 per child and make such credit refundable.

1/17/2023, 12:18 AM
Amends the Internal Revenue Code to: (1) increase the child tax credit from $500 to $2,000; (2) make such credit refundable; and (3) remove the limitation based on adjusted gross income for such credit.
Congress
107
Number
HR - 1153
Introduced on
2001-03-21
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

3/21/2001
Text
PDF

Status of Legislation

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

Purpose and Summary

Amends the Internal Revenue Code to: (1) increase the child tax credit from $500 to $2,000; (2) make such credit refundable; and (3) remove the limitation based on adjusted gross income for such credit.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to increase the child tax credit to $2,000 per child and make such credit refundable.
Policy Areas
Taxation
Potential Impact
Families•
Income tax•
Personal income tax•
Tax credits•
Tax refunds

Comments

Related

Member:  Patsy T. Mink
Member:  James H. Maloney
Bill Update Alert:  Economic Growth and Tax Relief Reconciliation Act of 2001

Recent Activity

Latest Summary11/28/2006
Amends the Internal Revenue Code to: (1) increase the child tax credit from $500 to $2,000; (2) make such credit refundable; and (3) remove the limitation based on adjusted gross income for such credit.
Latest Action8/13/2001
See H.R.1836.