Working Family Child Care Assistance Act of 1989
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Working Family Child Care Assistance Act of 1989 - Amends the Internal Revenue Code to allow a taxpayer a refundable income tax credit of 14 percent of up to $7,143 of earned income (maximum credit of $1,000 per child) for each dependent under age four. Decreases the credit amount for taxpayers with adjusted gross income over $8,000. Indexes amounts related to the credit. Makes this credit and the employment-related dependent care credit mutually exclusive.
Authorizes employers to make advance payments of credit amounts in accordance with regulations to be prescribed by the Secretary of the Treasury.
Committee on Finance. Hearings held.
- Introduced in Senate Formatted Text
Cite this page
U.S. Congress. (2026). S. 601: Working Family Child Care Assistance Act of 1989. 101st Congress. Open America. https://openamerica.io/bill/101-S-601/
"S. 601: Working Family Child Care Assistance Act of 1989." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-S-601/.
S. 601, 101st Cong. (2026), https://openamerica.io/bill/101-S-601/.
[S. 601: Working Family Child Care Assistance Act of 1989](https://openamerica.io/bill/101-S-601/)