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United States · Bill · HR

H.R. 4274 (100th)

A bill to amend the Internal Revenue Code of 1986 to increase the amount of the earned income credit.

referredUnited States· United States Congress· EN

Introduced

29 March 1988

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends Internal Revenue Code provisions governing the earned income tax credit to: (1) increase the credit percent from 14 percent to 16 percent (19 percent for taxpayers having more than one dependent child in the household); and (2) increase from $5,714 to $6,500 the amount of earned income subject to the credit.

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Documents

1 official file

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Sources

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