EITC Modernization Act of 2018

Summary

EITC Modernization Act of 2018 This bill modifies the Earned Income Tax Credit (EITC) to: (1) make certain individuals who are college students or have an aged or disabled dependent eligible for the credit, (2) specify minimum credit amounts for the qualifying students and individuals with an aged or disabled dependent, (3) allow certain EITC recipients to elect to receive the credit payments monthly, and (4) decrease from 25 to 18 the minimum age of eligibility for individuals without dependents. The bill also requires the Internal Revenue Service to establish a Community Volunteer Income Tax Assistance Matching Grant Program to provide matching funds for the development, expansion, or continuation of tax preparation programs to assist low-income taxpayers and members of underserved populations.

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Timeline

1. 25 September 2018

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 25 September 2018

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 September 2018

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 25 September 2018 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 25 September 2018

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 25 September 2018

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 25 September 2018

  Open at official source

Sponsors

• Rep. Watson Coleman, Bonnie [D-NJ-12] · D · Sponsor
• Rep. Khanna, Ro [D-CA-17] · D · Sponsor
• TIM RYAN · D · Sponsor
• Raúl Grijalva · D · Sponsor
• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
• Darren Soto · D · Sponsor
• Rep. Clarke, Yvette D. [D-NY-9] · D · Sponsor
• Sheila Jackson Lee · D · Sponsor
• Karen Bass · D · Sponsor
• Rep. Barragán, Nanette Diaz [D-CA-44] · D · Sponsor
• Al Lawson · D · Sponsor
• Rep. Jayapal, Pramila [D-WA-7] · D · Sponsor
• Bennie Thompson · D · Sponsor
• Rep. Raskin, Jamie [D-MD-8] · D · Sponsor
• Sanford Bishop · D · Cosponsor
• Rep. Pocan, Mark [D-WI-2] · D · Cosponsor
• Gwen Moore · D · Cosponsor
• Filemon Vela · D · Cosponsor
• David Cicilline · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → Volunteer Income Tax Assistance Permanence Act of 2017
• related to → Volunteer Income Tax Assistance Permanence Act of 2017