Child Tax Credit for Pregnant Moms Act of 2022

Bill 117 HR 6505, also known as the Child Tax Credit for Pregnant Moms Act of 2022, is a piece of legislation introduced in the US Congress. The purpose of this bill is to provide a tax credit to pregnant women in order to support them financially during their pregnancy and after the birth of their child.

The bill proposes to amend the Internal Revenue Code to allow pregnant women to claim a tax credit of up to $2,000 for each child they are expecting. This tax credit would be in addition to the existing Child Tax Credit and would be available to pregnant women in the year in which they are expecting the child.

The bill aims to provide financial assistance to pregnant women who may be facing financial difficulties during their pregnancy. By providing this tax credit, the bill seeks to alleviate some of the financial burden that pregnant women may face, such as medical expenses, childcare costs, and other expenses related to pregnancy and childbirth. Overall, the Child Tax Credit for Pregnant Moms Act of 2022 is designed to support pregnant women and their families by providing them with additional financial assistance during a critical time in their lives. The bill is currently being considered by Congress and may be subject to further amendments before it is passed into law.