A bill to amend the Internal Revenue Code of 1986 to replace the dependent care credit for children age 5 and under with an increase in the amount of the child tax credit for such children.

Summary

Amends the Internal Revenue Code to increase (to $1,500) the child tax credit for a child who is five years of age or less. Eliminates the dependent care credit for a child under the age of five.

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

Timeline

1. 14 May 1998

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 14 May 1998

   Introduced

   Sponsor introductory remarks on measure. (CR S4906-4907)

   Source: IntroReferral

3. 14 May 1998

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 14 May 1998 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 14 May 1998

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 14 May 1998

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 14 May 1998

  Open at official source

Sponsors

• Sen. Smith, Gordon H. [R-OR] · R · Sponsor
• Sen. Hatch, Orrin G. [R-UT] · R · Sponsor
• Sen. Grams, Rod [R-MN] · R · Sponsor
• Sen. Abraham, Spencer [R-MI] · R · Sponsor
• Ron Wyden · D · Sponsor
• Sen. Hutchinson, Tim [R-AR] · R · Sponsor
• · ssfi00 · Standing

Related records

No cross-record relationships stored yet.