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S 2264 114th Congress Senate Taxation Income tax credits Inflation and prices Tax treatment of families

Child Tax Credit Improvement Act

Introduced: November 10, 2015 Introduced by: Bennet, Michael F. Democratic · Colorado See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 10, 2015
Read twice and referred to the Committee on Finance.
Nov 10, 2015
Introduced in Senate
 Plain-English summary Congressional Research Service

Child Tax Credit Improvement Act

This bill amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase the amount of such credit for children who have not attained age 6 by the close of the taxable year, (2) modify the limitation on such credit based upon taxpayer adjusted gross income and the age of the qualifying child, (3) increase the refundable portion of such credit for children under age 6, and (4) allow an inflation adjustment to the $1,000 credit amount beginning after 2015.

What's happening now November 10, 2015

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1