S 1599
116th Congress
Senate
Taxation
Adoption and foster care
Congressional oversight
Fraud offenses and financial crimes
Government studies and investigations
Income tax credits
Tax administration and collection, taxpayers
Foster Care Tax Credit Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2019
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3062)
May 22, 2019
Introduced in Senate
Plain-English summary
Foster Care Tax Credit Act
This bill allows eligible taxpayers an income-based tax credit equal to $850 in a taxable year for the care of a qualifying foster child. An eligible taxpayer is a taxpayer with whom a foster child was placed for not less than one month in the taxable year and for whom a child tax credit is not allowed for such taxable year. A qualifying foster child is a foster child who is under age 17 and is a citizen, national, or resident of the United States.
The bill requires certain information reporting for foster child placements and a study and report on emergency and short-term foster placements.
What's happening now
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S3062)
Committees of jurisdiction
1