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Child and Dependent Care Tax Credit Enhancement Act of 2025

5/12/2025, 8:12 PM

Summary of Bill HR 2994

The bill, designated as H.R. 2994 in the 119th Congress and introduced on April 24, 2025, aims to amend the Internal Revenue Code of 1986 to strengthen the Child and Dependent Care Tax Credit. Specifically, the bill proposes to make the credit fully refundable for specific taxpayers, indicating a focus on improving financial assistance for child and dependent care expenses through tax credits.

Current Status of Bill HR 2994

Bill HR 2994 is currently in the status of Bill Introduced since April 24, 2025. Bill HR 2994 was introduced during Congress 119 and was introduced to the House on April 24, 2025.  Bill HR 2994's most recent activity was Referred to the House Committee on Ways and Means. as of April 24, 2025

Bipartisan Support of Bill HR 2994

Total Number of Sponsors
4
Democrat Sponsors
4
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
38
Democrat Cosponsors
38
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 2994

Primary Policy Focus

Alternate Title(s) of Bill HR 2994

To amend the Internal Revenue Code of 1986 to enhance the Child and Dependent Care Tax Credit and make the credit fully refundable for certain taxpayers.
To amend the Internal Revenue Code of 1986 to enhance the Child and Dependent Care Tax Credit and make the credit fully refundable for certain taxpayers.

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