HR 6873 115th Congress House Taxation Government trust funds Higher education Income tax credits Poverty and welfare assistance Social work, volunteer service, charitable organizations Tax administration and collection, taxpayers Tax treatment of families Tax-exempt organizations

EITC Modernization Act of 2018

Introduced: September 25, 2018 Introduced by: Watson Coleman, Bonnie Democratic · New Jersey 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 25, 2018

Referred to the House Committee on Ways and Means.

Sep 25, 2018

Introduced in House

Plain-English summary Congressional Research Service

EITC Modernization Act of 2018

This bill modifies the Earned Income Tax Credit (EITC) to: (1) make certain individuals who are college students or have an aged or disabled dependent eligible for the credit, (2) specify minimum credit amounts for the qualifying students and individuals with an aged or disabled dependent, (3) allow certain EITC recipients to elect to receive the credit payments monthly, and (4) decrease from 25 to 18 the minimum age of eligibility for individuals without dependents.

The bill also requires the Internal Revenue Service to establish a Community Volunteer Income Tax Assistance Matching Grant Program to provide matching funds for the development, expansion, or continuation of tax preparation programs to assist low-income taxpayers and members of underserved populations.

What's happening now September 25, 2018

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1