0
0

Child Care Tax Credit Reform Act of 2001

1/16/2023, 10:33 PM

Congressional Summary of HR 206

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.

Read the Full Bill

Current Status of Bill HR 206

Bill HR 206 is currently in the status of Bill Introduced since January 3, 2001. Bill HR 206 was introduced during Congress 107 and was introduced to the House on January 3, 2001.  Bill HR 206's most recent activity was See H.R.1836. as of August 13, 2001

Bipartisan Support of Bill HR 206

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 206

Primary Policy Focus

Taxation

Potential Impact Areas

- Costs
- Day care
- Disabled
- Families
- Finance and Financial Sector
- Income tax
- Personal income tax
- Tax credits

Alternate Title(s) of Bill HR 206

Child Care Tax Credit Reform Act of 2001
To amend the Internal Revenue Code of 1986 to increase the child care credit for lower-income working parents, and for other purposes.
Child Care Tax Credit Reform Act of 2001

Comments