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HR 1068 116th Congress House Taxation Income tax credits Income tax deductions Tax treatment of families

Working Families Relief Act of 2019

Introduced: February 7, 2019 Introduced by: Budd, Ted Republican · North Carolina See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 7, 2019
Referred to the House Committee on Ways and Means.
Feb 7, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Working Families Relief Act of 2019

This bill provides that the maximum amount of the temporary (for tax years 2018 through 2025) refundable portion of the child tax credit, with respect to any qualifying child, is the greater of (1) $1,400 (adjusted for inflation after 2018), or (2) the excess of the taxpayer's Social Security taxes for the year over the credit allowed under the earned income tax credit. (Under current law, the maximum is $1,400, adjusted for inflation after 2018).

What's happening now February 7, 2019

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1