Child Credit Expansion and Improvement Act of 2001

1/16/2023, 11:18 PM
Child Credit Expansion and Improvement Act of 2001 - Amends the Internal Revenue Code to increase the child tax credit from $500 to $1,000. Provides for an inflation adjustment for the phaseout threshold.
Congress
107
Number
HR - 539
Introduced on
2001-02-08
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

2/8/2001
Text
PDF

Status of Legislation

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

Purpose and Summary

Child Credit Expansion and Improvement Act of 2001 - Amends the Internal Revenue Code to increase the child tax credit from $500 to $1,000. Provides for an inflation adjustment for the phaseout threshold.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to expand the child tax credit.
Policy Areas
Taxation
Potential Impact
Cost of living adjustments•
Economics and Public Finance•
Families•
Income tax•
Indexing (Economic policy)•
Personal income tax•
Tax credits

Comments

Related

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Member:  Edward L. Schrock
Member:  Mark E. Souder
Member:  Bob Schaffer
Member:  Denny Rehberg
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Member:  Bob Stump
Member:  Todd Russell Platts
Member:  Thomas E. Petri
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Member:  Joel Hefley
Member:  George Radanovich
Member:  Melissa A. Hart
Member:  Karen McCarthy
Member:  Robert W. Ney
Member:  Mark R. Kennedy
Member:  Ron Paul
Member:  Eric Cantor
Member:  J. D. Hayworth
Member:  Henry Bonilla
Member:  John J. Duncan, Jr.
Member:  Ander Crenshaw
Member:  Vito Fossella
Member:  Jo Ann Davis
Member:  W. Todd Akin
Member:  Phil English
Member:  Judy Biggert
Member:  Spencer Bachus
Bill Update Alert:  Economic Growth and Tax Relief Reconciliation Act of 2001

Recent Activity

Latest Summary11/28/2006
Child Credit Expansion and Improvement Act of 2001 - Amends the Internal Revenue Code to increase the child tax credit from $500 to $1,000. Provides for an inflation adjustment for the phaseout threshold.
Latest Action8/13/2001
See H.R.1836.