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S. 2565

BillFederalSenateIn Committee
Helping Working Families Afford Child Care Act
About This Bill
Committee
Latest Action · July 8, 2014
Read twice and referred to the Committee on Finance.
Congress
113th (2013–2015)
Introduced
July 8, 2014
Cosponsors (5)
5D 0R
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Summary

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Helping Working Families Afford Child Care Act - Amends the Internal Revenue Code, with respect to the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent, to: (1) increase to $200,000, the adjusted gross income threshold level above which such credit is incrementally reduced; (2) increase the dollar limit on the allowable amount of such credit; (3) allow an inflation adjustment to the threshold amount and the maximum credit amounts, beginning after 2015; and (4) make such credit refundable.

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