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HR 6762 116th Congress House Taxation Income tax credits Poverty and welfare assistance Tax treatment of families Wages and earnings

COVID-19 Earned Income Act

Introduced: May 8, 2020 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 8, 2020
Referred to the House Committee on Ways and Means.
May 8, 2020
Introduced in House
 Plain-English summary Congressional Research Service

COVID-19 Earned Income Act

This bill sets forth a special rule for determining the amount of the earned income tax credit and the refundable portion of the child tax credit. Specifically, the bill allows a taxpayer to use the earned income of the preceding taxable year in computing such credits if such income is greater than the income for the current taxable year (i..e., 2020).

What's happening now May 8, 2020

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1