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HR 3796 115th Congress House Taxation Child care and development Family relationships Income tax credits Poverty and welfare assistance Tax treatment of families

Grandparents Tax Credit Act of 2017

Introduced: September 14, 2017 Introduced by: Veasey, Marc A. Democratic · Texas 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 14, 2017
Referred to the House Committee on Ways and Means.
Sep 14, 2017
Introduced in House
 Plain-English summary Congressional Research Service

Grandparents Tax Credit Act of 2017 

This bill amends the Internal Revenue Code to allow a grandparent a refundable tax credit for up to $500 of the cost of household items (food, clothing, and other items typically used by or for the benefit of children) purchased for the benefit of a grandchild who is under the age of 18 if, for more than half of the year, the child lives with the grandparent and at least one parent whose adjusted gross income does not exceed 300% of the federal poverty level.

What's happening now September 14, 2017

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1