Child and Dependent Care Tax Credit Enhancement Act of 2021

Summary

Child and Dependent Care Tax Credit Enhancement Act of 2021 This bill modifies the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent to (1) increase to $400,000, the adjusted gross income threshold level above which the credit is incrementally reduced; (2) increase the dollar limits on the allowable amount of the credit; (3) specify rules for married couples filing separate returns; (4) allow an inflation adjustment to the adjusted gross income threshold and the maximum credit amounts, beginning after 2022; and (5) make the credit refundable.

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Timeline

1. 8 February 2021

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 8 February 2021

   Introduced

   Introduced in House

   Source: IntroReferral

3. 8 February 2021

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 8 February 2021 · Official file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 8 February 2021

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 8 February 2021

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 8 February 2021

  Open at official source

Sponsors

• Rep. Davis, Danny K. [D-IL-7] · D · Sponsor
• Rep. DelBene, Suzan K. [D-WA-1] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → Child and Dependent Care Tax Credit Enhancement Act of 2021
• related to ← Five Freedoms for America’s Children Act