Bill > HR3632

Introduced Session

PACE Act Promoting Affordable Childcare for Everyone Act This bill amends the Internal Revenue Code, with respect to 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 2017. 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 2018.

Committee Categories

Kevin Yoder (R)*,  Mark Amodei (R),  Don Bacon (R),  Andy Barr (R),  Earl Blumenauer (D),  Cheri Bustos (D),  Salud Carbajal (D),  Emanuel Cleaver (D),  Tom Cole (R),  Barbara Comstock (R),  Paul Cook (R),  Jim Costa (D),  Ryan Costello (R),  Charlie Crist (D),  Rodney Davis (R),  Peter DeFazio (D),  Jeff Denham (R),  Daniel Donovan (R),  Brian Fitzpatrick (R),  Vicente Gonzalez (D),  Jaime Herrera Beutler (R),  Duncan Hunter (R),  Will Hurd (R),  Dave Joyce (R),  John Katko (R),  Derek Kilmer (D),  Raja Krishnamoorthi (D),  Leonard Lance (R),  Alan Lowenthal (D),  Jerry McNerney (D),  Martha McSally (R),  Gregory Meeks (D),  Grace Meng (D),  Stephanie Murphy (D),  Richard Nolan (D),  Tom O'Halleran (D),  Jimmy Panetta (D),  Bruce Poliquin (R),  Jacky Rosen (D),  Brad Schneider (D),  Kyrsten Sinema (I),  Darren Soto (D),  Elise Stefanik (R),  Claudia Tenney (R),  Mike Turner (R),  David Valadao (R),  David Young (R),  Lee Zeldin (R), 

Referred to the House Committee on Ways and Means. (on 07/28/2017)

Official Document