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S 148 117th Congress Senate Taxation Adoption and foster care Child safety and welfare Disability and paralysis Income tax credits Indian social and development programs

Dependent Income Exclusion Act of 2021

Introduced: February 2, 2021 Introduced by: Cortez Masto, Catherine Democratic · Nevada 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 2, 2021
Read twice and referred to the Committee on Finance.
Feb 2, 2021
Introduced in Senate
 Plain-English summary Congressional Research Service

Dependent Income Exclusion Act of 2021

This bill excludes certain wages or self-employment earnings of a dependent of a taxpayer for purposes of determining the taxpayer's eligibility for premium tax credits used to purchase insurance on Patient Protection and Affordable Care Act exchanges. To qualify for the exclusion, the dependent must be under 18 years of age or have not attained age 24 during a specified five-year period, and be a full- or part-time student or apprentice or participant in a job training program.

What's happening now February 2, 2021

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1