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H.R. 3757

BillFederalHouseIn Committee
GAIN Act
About This Bill
Committee
Latest Action · September 13, 2017
Referred to the House Committee on Ways and Means.
Congress
115th (2017–2019)
Introduced
September 13, 2017
Cosponsors (56)
56D 0R
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Summary

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Grow American Incomes Now Act of 2017 or the GAIN Act This bill amends the Internal Revenue Code, with respect to the earned income tax credit (EITC), to: (1) increase specified credit and phaseout percentages, (2) increase the earned income amounts and the phaseout amounts, (3) decrease from 25 to 21 the minimum eligibility age for individuals without qualifying children, and (4) allow employees to elect to receive advance payments of the EITC from employers when wages are paid.

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