Day Care Reduction Tax Credit Act of 1988

Summary

Day Care Reduction Tax Credit Act of 1988 - Amends the Internal Revenue Code to permit an employer tax credit for one-third of the aggregate wages (to a maximum of $6,000) attributable to services performed by a full-time employee of the taxpayer who is permitted to work at home or during nonbusiness hours solely in order to reduce dependent care needs. Requires that there be at least a 20 percent reduction in the time of dependent care provided outside the employee's home.

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Timeline

1. 28 July 1988

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 28 July 1988

   Introduced

   Introduced in House

   Source: IntroReferral

3. 28 July 1988

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 28 July 1988

  Open at official source

Sponsors

• Rep. Johnson, Nancy L. [R-CT-6] · R · Sponsor
• Rep. Lagomarsino, Robert J. [R-CA-19] · R · Sponsor
• Rep. Collins, Cardiss [D-IL-7] · D · Sponsor
• Rep. Clinger, William F., Jr. [R-PA-23] · R · Cosponsor
• · hswm00 · Standing

Related records

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