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United States · Bill · HR

H.R. 1318 (97th)

A bill to amend the Internal Revenue Code of 1954 to liberalize the earned income credit.

referredUnited States· United States Congress· EN

Introduced

27 January 1981

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to increase from ten to eleven percent the rate of the earned income credit. Increases the maximum allowable dollar amount of such credit and the income eligibility ceiling. Repeals provisions of the Social Security Act which include the earned income credit in determining entitlement to Aid for Dependent Children and Supplemental Security Income benefits under such Act.

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Documents

1 official file

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Sources

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