Bill > HR1696

Introduced Session

To amend the Internal Revenue Code of 1986 to increase and make fully refundable the Child and Dependent Care Tax Credit, to increase the maximum amount excludable from gross income for employer-provided dependent care assistance, and for other purposes. This bill modifies the tax credit for expenses for household and dependent care services necessary for gainful employment (known as the Child and Dependent Care Tax Credit) to (1) make the credit refundable, (2) increase the rate for the credit, and (3) require the dollar amounts for such credit to be adjusted for inflation after 2019. The bill also increases the amount of employer-provided dependent care assistance which may be excluded from the gross income of an employee and requires the increased exclusion amount to be adjusted for inflation after 2020.

Committee Categories

Stephanie Murphy (D)*,  Mark Amodei (R),  Earl Blumenauer (D),  Salud Carbajal (D),  Tom Cole (R),  Paul Cook (R),  Sharice Davids (D),  Rodney Davis (R),  Peter DeFazio (D),  Brian Fitzpatrick (R),  Josh Gottheimer (D),  Tom Graves (R),  Josh Harder (D),  Jaime Herrera Beutler (R),  Kendra Horn (D),  John Katko (R),  Derek Kilmer (D),  Zoe Lofgren (D),  Alan Lowenthal (D),  Ben McAdams (D),  Tom O'Halleran (D),  Jimmy Panetta (D),  Chris Pappas (D),  Max Rose (D),  Brad Schneider (D),  Kurt Schrader (D),  Terri Sewell (D),  Jason Smith (R),  Elise Stefanik (R),  Steve Stivers (R),  Tom Suozzi (D),  Mike Turner (R), 

Referred to the House Committee on Ways and Means. (on 03/12/2019)

Official Document