Child Care Tax Credit Reform Act of 2001

1/16/2023, 10:33 PM
Child Care Tax Credit Reform Act of 2001 - Amends the Internal Revenue Code to increase the amount of employment-related expenses subject to the dependent care income tax credit. Denies the credit to taxpayers having adjusted gross income of $50,000 or more.
Congress
107
Number
HR - 206
Introduced on
2001-01-03
# Amendments
0
Sponsors
+5

Variations and Revisions

1/3/2001
Text
PDF

Status of Legislation

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

Purpose and Summary

Child Care Tax Credit Reform Act of 2001 - Amends the Internal Revenue Code to increase the amount of employment-related expenses subject to the dependent care income tax credit. Denies the credit to taxpayers having adjusted gross income of $50,000 or more.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to increase the child care credit for lower-income working parents, and for other purposes.
Policy Areas
Taxation
Potential Impact
Costs•
Day care•
Disabled•
Families•
Finance and Financial Sector•
Income tax•
Personal income tax•
Tax credits

Comments

Related

Member:  John E. Sweeney
Bill Update Alert:  Economic Growth and Tax Relief Reconciliation Act of 2001

Recent Activity

Latest Summary11/28/2006
Child Care Tax Credit Reform Act of 2001 - Amends the Internal Revenue Code to increase the amount of employment-related expenses subject to the dependent care income tax credit. Denies the credit to taxpayers having adjusted gross income of $50,000 ...
Latest Action8/13/2001
See H.R.1836.