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US HR2110

US HR2110
Tax Fairness for All Families Act of 2017


summary

Introduced
04/20/2017
In Committee
04/20/2017
Crossed Over
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Tax Fairness for All Families Act of 2017 This bill amends the Internal Revenue Code, with respect to the earned income tax credit, to provide for an increased credit percentage for taxpayers with more than three qualifying children.

AI Summary

This bill, the Tax Fairness for All Families Act of 2017, amends the Internal Revenue Code to increase the earned income tax credit (EITC) percentage for taxpayers with more than three qualifying children. Specifically, the bill provides for an increased EITC percentage that scales up to 65% for taxpayers with seven or more qualifying children, compared to the standard 7.65% EITC for taxpayers with no qualifying children. The bill also includes a conforming amendment to remove a provision related to the EITC phase-out percentage, and the changes would apply to tax years beginning after December 31, 2016.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to the House Committee on Ways and Means. (on 04/20/2017)

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