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United States · Bill · S

S. 450 (101st)

Family Earned Income Tax Credit Act

referredUnited States· United States Congress· EN

Introduced

23 February 1989

Last action

Status

Read twice and referred to the Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Family Earned Income Tax Credit Act - Amends Internal Revenue Code provisions governing the earned income tax credit to: (1) increase to $7,143 the amount of earned income subject to the credit; and (2) increase the credit percentage incrementally from 14 percent to 28 percent as the number of the taxpayer's qualifying dependents under age six increases from one to three or more.

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Documents

2 official files

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