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S 1084 109th Congress Senate Social Welfare Congress Congressional-executive relations Economics and Public Finance Families Federal advisory bodies Government Operations and Politics Government trust funds Income tax Legislation Minimum tax Planning Poor children Poverty Tax rates Taxation Wealth tax

End Child Poverty Act

Introduced: May 19, 2005 See on congress.gov
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 20, 2005
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 110.
May 19, 2005
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
May 19, 2005
Sponsor introductory remarks on measure. (CR S5539)
May 19, 2005
Introduced in Senate
 Plain-English summary Congressional Research Service

End Child Poverty Act - Establishes the Child Poverty Elimination Board to develop a plan for: (1) cutting child poverty in half within a decade; and (2) eliminating child poverty entirely as soon as possible. Requires the plan to include recommendations for allocations from a Child Poverty Elimination Trust Fund. Directs the President to review the Board's plan, issue a plan which is the same as the Board's except where there is good cause for a modification that would be more effective, ensure plan implementation, and work with Congress to insure funding of plan implementation.

Amends the Internal Revenue Code to establish the Child Poverty Elimination Trust Fund. Transfers to such Fund an amount equal to revenue from a surtax which increases by one percent the tax imposed on that portion of adjusted gross income that exceeds the threshold amount of: (1) $1 million in the case of a joint return; or (2) $500,000 in the case of any other individual income tax return.

What's happening now May 20, 2005

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 110.