End Child Poverty Act

Summary

End Child Poverty Act - Establishes the Child Poverty Elimination Board to develop a plan for: (1) cutting child poverty in half within a decade; and (2) eliminating child poverty entirely as soon as possible. Requires the plan to include recommendations for allocations from a Child Poverty Elimination Trust Fund. Directs the President to review the Board's plan, issue a plan which is the same as the Board's except where there is good cause for a modification that would be more effective, ensure plan implementation, and work with Congress to insure funding of plan implementation. Amends the Internal Revenue Code to establish the Child Poverty Elimination Trust Fund. Transfers to such Fund an amount equal to revenue from a surtax which increases by one percent the tax imposed on that portion of adjusted gross income that exceeds the threshold amount of: (1) $1 million in the case of a joint return; or (2) $500,000 in the case of any other individual income tax return.

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Timeline

1. 4 April 2006

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 4 April 2006

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 4 April 2006 · Official file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 4 April 2006

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 4 April 2006

  ViewDownloadOpen at official source

• Introduced in Senate

  summary · EN · 4 April 2006

  Open at official source

Sponsors

• Sen. Kennedy, Edward M. [D-MA] · D · Sponsor
• · ssfi00 · Standing

Related records

• related to → End Child Poverty Act