EITC Age Parity Act of 2023

12/15/2023, 4:02 PM

EITC Age Parity Act of 2023

This bill modifies the age requirement for the earned income credit. Under current law, an individual taxpayer must have attained age 25, but not age 65, to claim the credit. This bill reduces the base year to age 18 and eliminates the age 65 cap on the credit.

Congress
118
Number
HR - 5689
Introduced on
2023-09-26
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

9/26/2023
Text
PDF
XML

Status of Legislation

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

Purpose and Summary

EITC Age Parity Act of 2023

This bill modifies the age requirement for the earned income credit. Under current law, an individual taxpayer must have attained age 25, but not age 65, to claim the credit. This bill reduces the base year to age 18 and eliminates the age 65 cap on the credit.

Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to modify the age limitations on eligibility for the earned income tax credit.
Policy Areas
Taxation

Comments

Recent Activity

Latest Summary10/5/2023

EITC Age Parity Act of 2023

This bill modifies the age requirement for the earned income credit. Under current law, an individual taxpayer must have attained age 25, but not age 65, to claim the credit. This bill reduces...

Latest Action9/26/2023
Referred to the House Committee on Ways and Means.