HR 4846
114th Congress
House
Taxation
Income tax credits
Tax treatment of families
To amend the Internal Revenue Code of 1986 to increase the child tax credit.
Introduced: March 23, 2016
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 23, 2016
Referred to the House Committee on Ways and Means.
Mar 23, 2016
Introduced in House
Plain-English summary
This bill amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase the allowable amount of such credit from $1,000 to $2,000 for each qualifying child, (2) raise the modified adjusted gross income threshold amount at which the phase-out of the credit begins, and (3) increase such threshold amount by $15,000 for each qualifying child of the taxpayer beyond the first child.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1