Senate Bill 3657 - A bill to amend the Internal Revenue Code of 1986 to enhance the Child and Dependent Care Tax Credit and make the credit fully refundable for certain taxpayers.

Purpose and Summary

Chamber: Senate

Introduced date: 2024-01-24

Recent Activity

Read twice and referred to the Committee on Finance.

Alternative Names

A bill to amend the Internal Revenue Code of 1986 to enhance the Child and Dependent Care Tax Credit and make the credit fully refundable for certain taxpayers.

A bill to amend the Internal Revenue Code of 1986 to enhance the Child and Dependent Care Tax Credit and make the credit fully refundable for certain taxpayers.

Associated Legislation

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Policy Areas

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Potential Impact

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Sponsors and Supporters

Sen. Casey, Robert P., Jr. [D-PA]

Cosponsors and Supporters

Sen. Wyden, Ron [D-OR]

Sen. Murray, Patty [D-WA]

Sen. Baldwin, Tammy [D-WI]

Sen. Bennet, Michael F. [D-CO]

Sen. Blumenthal, Richard [D-CT]

Sen. Booker, Cory A. [D-NJ]

Sen. Brown, Sherrod [D-OH]

Sen. Cardin, Benjamin L. [D-MD]

Sen. Cantwell, Maria [D-WA]

Sen. Cortez Masto, Catherine [D-NV]

Sen. Duckworth, Tammy [D-IL]

Sen. Durbin, Richard J. [D-IL]

Sen. Gillibrand, Kirsten E. [D-NY]

Sen. Heinrich, Martin [D-NM]

Sen. Hirono, Mazie K. [D-HI]

Sen. King, Angus S., Jr. [I-ME]

Sen. Klobuchar, Amy [D-MN]

Sen. Menendez, Robert [D-NJ]

Sen. Merkley, Jeff [D-OR]

Sen. Murphy, Christopher [D-CT]

Sen. Padilla, Alex [D-CA]

Sen. Reed, Jack [D-RI]

Sen. Schatz, Brian [D-HI]

Sen. Shaheen, Jeanne [D-NH]

Sen. Smith, Tina [D-MN]

Sen. Stabenow, Debbie [D-MI]

Sen. Van Hollen, Chris [D-MD]

Sen. Warnock, Raphael G. [D-GA]

Sen. Welch, Peter [D-VT]

Sen. Whitehouse, Sheldon [D-RI]

Sen. Fetterman, John [D-PA]

Committees and Subcommittees

Finance Committee

Variations and Revisions

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A bill to amend the Internal Revenue Code of 1986 to enhance the Child and Dependent Care Tax Credit and make the credit fully refundable for certain taxpayers.

2/2/2024, 5:15 AM

Child and Dependent Care Tax Credit Enhancement Act of 2024

This bill modifies the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent to (1) increase to $400,000, the adjusted gross income thr...

Congress
118

Number
S - 3657

Introduced on
2024-01-24

# Amendments
0

Sponsors
+5

Cosponsors
+5

Status of Legislation

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

Purpose and Summary

Child and Dependent Care Tax Credit Enhancement Act of 2024

This bill modifies the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent to (1) increase to $400,000, the adjusted gross income thr...

Alternative Names
Official Title as IntroducedA bill to amend the Internal Revenue Code of 1986 to enhance the Child and Dependent Care Tax Credit and make the credit fully refundable for certain taxpayers.

Comments

Recent Activity

Latest Summary3/20/2024

Child and Dependent Care Tax Credit Enhancement Act of 2024

This bill modifies the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent to (1) increase to $400,000, the adjusted gross income thr...


Latest Action1/24/2024
Read twice and referred to the Committee on Finance.