S 2327
114th Congress
Senate
Taxation
Adoption and foster care
Income tax credits
Inflation and prices
Marriage and family status
Poverty and welfare assistance
Tax administration and collection, taxpayers
Tax treatment of families
Wages and earnings
Foster EITC Act of 2015
Introduced: November 19, 2015
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 19, 2015
Read twice and referred to the Committee on Finance.
Nov 19, 2015
Introduced in Senate
Plain-English summary
Foster EITC Act of 2015
This bill amends the Internal Revenue Code to modify the earned income tax credit by: (1) making permanent the increase in the rate of such credit for taxpayers with three or more children, (2) increasing the credit for taxpayers with no qualifying children, (3) reducing the qualifying age for such credit for certain childless individuals (from age 25 to age 21) and for youth formerly in foster care (from age 25 to age 18), (4) imposing new reporting requirements for youth in foster care who have attained age 16, and (5) revising eligibility rules relating to married individuals living apart and qualifying children claimed by another family member.
What's happening now
Read twice and referred to the Committee on Finance.
Committees of jurisdiction
1