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WRCR Act of 2021

12/31/2022, 5:05 AM

Summary of Bill HR 4665

Bill 117 hr 4665, also known as the WRCR Act of 2021, is a piece of legislation currently being considered by the US Congress. The purpose of this bill is to address issues related to water resources and infrastructure in the United States.

The WRCR Act of 2021 aims to improve the management and conservation of water resources, as well as to enhance the nation's water infrastructure. The bill includes provisions for funding and support for projects related to water supply, flood control, and water quality improvement.

Additionally, the WRCR Act of 2021 seeks to promote collaboration between federal, state, and local governments, as well as with private entities, in order to address water resource challenges more effectively. The bill also includes measures to increase transparency and accountability in water resource management. Overall, the WRCR Act of 2021 is a comprehensive piece of legislation that aims to address key issues related to water resources and infrastructure in the United States. If passed, this bill has the potential to have a significant impact on the management and conservation of water resources across the country.

Congressional Summary of HR 4665

Worker Relief and Credit Reform Act of 2021 or the WRCR Act of 2021

This bill modifies the earned income tax credit to (1) make the credit available to certain students, (2) modify the age requirement for the credit, (3) include care-giving and learning as compensated work for purposes of the credit, (4) revise the definition of qualifying dependents eligible for the credit, (5) increase the credit for certain unmarried individuals with two or more qualifying children, and (6) require the Internal Revenue Service (IRS) to establish a program for making direct advance monthly payments of the credit to eligible taxpayers.

The bill directs the IRS to establish a program to educate taxpayers about the availability of the earned income tax credit and the advance monthly payments of such credit.

Current Status of Bill HR 4665

Bill HR 4665 is currently in the status of Bill Introduced since July 22, 2021. Bill HR 4665 was introduced during Congress 117 and was introduced to the House on July 22, 2021.  Bill HR 4665's most recent activity was Referred to the House Committee on Ways and Means. as of July 22, 2021

Bipartisan Support of Bill HR 4665

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
30
Democrat Cosponsors
30
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 4665

Primary Policy Focus

Taxation

Potential Impact Areas

- Government information and archives
- Income tax credits
- Income tax exclusion
- Inflation and prices
- Tax treatment of families

Alternate Title(s) of Bill HR 4665

To amend the Internal Revenue Code of 1986 to expand and improve the earned income tax credit.
WRCR Act of 2021
WRCR Act of 2021
Worker Relief and Credit Reform Act of 2021

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