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EITC Modernization Act

12/15/2023, 4:02 PM

Congressional Summary of HR 5421

EITC Modernization Act

This bill extends the earned income tax credit to taxpayers with certain dependents, including children and aged dependents, and to qualifying students. It also establishes a matching grant program for tax return preparation assistance for low-income taxpayers.

Current Status of Bill HR 5421

Bill HR 5421 is currently in the status of Bill Introduced since September 12, 2023. Bill HR 5421 was introduced during Congress 118 and was introduced to the House on September 12, 2023.  Bill HR 5421's most recent activity was Referred to the House Committee on Ways and Means. as of September 12, 2023

Bipartisan Support of Bill HR 5421

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
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 5421

Primary Policy Focus

Taxation

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