PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 4434 (100th)

Toddler Tax Credit Act of 1988

referredUnited States· United States Congress· EN

Introduced

20 April 1988

Last action

20 April 1988 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Schulze, Richard T. [R-PA-5], Rep. Hyde, Henry J. [R-IL-6], Rep. Brown, Hank [R-CO-4], Rep. Smith, Bob [R-NH-1], Rep. Gingrich, Newt [R-GA-6], Rep. Walker, Robert S. [R-PA-16], Rep. Burton, Dan [R-IN-6], Rep. Kyl, Jon [R-AZ-4], Del. de Lugo, Ron [D-VI-At Large], Rep. Craig, Larry E. [R-ID-1], Rep. Lagomarsino, Robert J. [R-CA-19], Rep. DeLay, Tom [R-TX-22], Rep. Bereuter, Doug [R-NE-1], Rep. Bentley, Helen Delich [R-MD-2], Rep. Packard, Ron [R-CA-43], Rep. Nielson, Howard C. [R-UT-3], Rep. Herger, Wally [R-CA-2], Rep. Chapman, Jim [D-TX-1], Rep. LaFalce, John J. [D-NY-36], Rep. Petri, Thomas E. [R-WI-6], Rep. Ritter, Don [R-PA-15], Rep. Boulter, Beau [R-TX-13], Rep. Armey, Richard K. [R-TX-26], Rep. Lott, Trent [R-MS-5], Rep. Dornan, Robert K. [R-CA-38], Del. Sunia, Foto I. F. [D-AS-At Large], Rep. Vucanovich, Barbara F. [R-NV-2], Rep. Davis, Jack [R-IL-4]

Subjects

Taxation

Source updated

28 August 2025

Taxation

Official sourceView documentsShare

Summary

Toddler Tax Credit Act of 1988 - Amends the Internal Revenue Code to allow an individual a refundable income tax credit for each dependent child under the age of six. Establishes the credit percentage at: (1) 15 percent for a single qualified dependent; and (2) ten percent for each of three additional qualified dependents. Reduces the credit percentage for taxpayers whose earned income exceeds $8,000 (credit minimum is $750 per qualified dependent) and for taxpayers subject to alternative minimum tax. Directs the Secretary of the Treasury to prescribe tables for determining the credit amount. Applies phase-in amounts for tax years 1989 through 1991. Indexes post-1993 credit amounts. Provides for advance toddler tax credit payments by employers to employees who provide certification of eligibility. Requires taxpayers to file information returns to reflect such payments. Disallows: (1) the earned income tax credit to taxpayers eligible for the toddler tax credit; and (2) application of the dependent care credit in connection with a dependent child under the age of six.

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

Timeline

  1. 20 April 1988

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 20 April 1988

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 20 April 1988

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.