H.Amdt.544 - Amendment in the nature of a substitute sought to make the existing child tax credit permanent, indexed to inflation; make the tax credit available to families making less than $110,000; accelerate the increase in the refundable portion of the credit, from 10 percent to 15 percent; provide the tax credit to low income individuals; and offset the costs of the bill with an additional tax on high income taxpayers.
About This Bill
Introduced
Latest Action · May 20, 2004
On agreeing to the Levin amendment (A001) Failed by the Yeas and Nays: 187 - 226 (Roll no. 208).