Child Credit Expansion and Improvement Act of 2001

Hozzl · 2023-01-16T23:18:10Z

Explore the details of House Bill 539 Child Credit Expansion and Improvement Act of 2001 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Taxation. Stay informed on legislative developments.

1/16/2023, 11:18 PM

Congressional Summary of HR 539

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.

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Current Status of Bill HR 539

Bill HR 539 is currently in the status of Bill Introduced since February 8, 2001. Bill HR 539 was introduced during Congress 107 and was introduced to the House on February 8, 2001. Bill HR 539's most recent activity was See H.R.1836. as of August 13, 2001

Bipartisan Support of Bill HR 539

Total Number of Sponsors

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Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 539

Primary Policy Focus

Taxation

Potential Impact Areas

Cost of living adjustmentsEconomics and Public FinanceFamiliesIncome taxIndexing (Economic policy)Personal income taxTax credits

Alternate Title(s) of Bill HR 539

Child Credit Expansion and Improvement Act of 2001To amend the Internal Revenue Code of 1986 to expand the child tax credit.Child Credit Expansion and Improvement Act of 2001

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