A bill to amend the Internal Revenue Code of 1954 to increase the amount of the earned income credit, and for other purposes.

Summary

Amends the Internal Revenue Code to increase from $5,000 to $8,000 the amount of earned income which may be taken into account for purposes of the earned income tax credit. Provides for a phaseout of such credit for taxpayers with adjusted gross incomes between $10,000 and $15,000. Amends the Social Security Act to provide that such credit shall not be considered as income for purposes of the Aid to Families with Dependent Children (AFDC) program.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 2 November 1983

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 2 November 1983

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 November 1983

   Introduced

   Introduced in House

   Source: IntroReferral

4. 7 November 1983

   Referred

   Referred to Subcommittee on Public Assistance and Unemployment Compensation.

   Source: Committee

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 2 November 1983

  Open at official source

Sponsors

• Rep. Stark, Fortney Pete [D-CA-9] · D · Sponsor
• Rep. Rangel, Charles B. [D-NY-19] · D · Sponsor
• Rep. Ford, Harold E. [D-TN-8] · D · Sponsor
• Rep. Downey, Thomas J. [D-NY-2] · D · Sponsor
• Sen. Fowler, Wyche, Jr. [D-GA] · D · Sponsor
• Rep. Matsui, Robert T. [D-CA-3] · D · Sponsor
• Rep. Shannon, James M. [D-MA-5] · D · Sponsor
• · hswm00 · Standing

Related records

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