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HR 3757 115th Congress House Taxation Income tax credits Poverty and welfare assistance Wages and earnings

GAIN Act

Introduced: September 13, 2017 Introduced by: Khanna, Ro Democratic · California See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 13, 2017
Referred to the House Committee on Ways and Means.
Sep 13, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Grow American Incomes Now Act of 2017 or the GAIN Act

This bill amends the Internal Revenue Code, with respect to the earned income tax credit (EITC), to: (1) increase specified credit and phaseout percentages, (2) increase the earned income amounts and the phaseout amounts, (3) decrease from 25 to 21 the minimum eligibility age for individuals without qualifying children, and (4) allow employees to elect to receive advance payments of the EITC from employers when wages are paid.

What's happening now September 13, 2017

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1