A bill to amend the Internal Revenue Code of 1986 to modify the earned income tax credit to account for the amount by which economic growth has outpaced income growth, and for other purposes.
About This Bill
Committee
Latest Action · February 14, 2019
Read twice and referred to the Committee on Finance.
Cost-of-Living Refund Act of 2019
This bill modifies the earned income tax credit to (1) increase its credit percentage and modify the phaseout amount, (2) include for purposes of the credit certain qualifying dependents and students, and (3) set forth requirements for advance payments of the credit.
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