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Family Care Tax Credit Act
1/17/2023, 12:03 AM
Congressional Summary of HR 1126
Family Care Tax Credit Act - Amends the Internal Revenue Code with respect to the household and dependent care services credit to: (1) eliminate the employment-related requirement; (2) increase the credit percentage; and (3) revise allowable amounts considered for credit calculation.
Read the Full Bill
Current Status of Bill HR 1126
Bill HR 1126 is currently in the status of Bill Introduced since March 20, 2001. Bill HR 1126 was introduced during Congress 107 and was introduced to the House on March 20, 2001. Bill HR 1126's most recent activity was See H.R.1836. as of August 13, 2001
Bipartisan Support of Bill HR 1126
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
1Democrat Cosponsors
0Republican Cosponsors
1Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 1126
Primary Policy Focus
TaxationPotential Impact Areas
- Adult day care
- Costs
- Day care
- Disabled
- Families
- Income tax
- Labor and Employment
- Married people
- Personal income tax
- Social Welfare
- Tax credits
Alternate Title(s) of Bill HR 1126
Family Care Tax Credit Act
To amend the Internal Revenue Code of 1986 to allow all taxpayers who maintain households with dependents a credit for dependents.
Family Care Tax Credit Act
Comments
Sponsors and Cosponsors of HR 1126
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