HR. 1425In Committee
To amend the Internal Revenue Code of 1986 to increase the amount of the child tax credit, to make such credit fully refundable, to remove income limitations from such credit, and for other purposes.
Increase the child tax credit by raising its amount, making it fully refundable, and removing income limits in the Internal Revenue Code
Plain-English overview
What this bill does
Increase the child tax credit by raising its amount, making it fully refundable, and removing income limits in the Internal Revenue Code
Key points
- Allow fully refundable child tax credit
- Repeal child tax credit income limits
- Increase child tax credit amount
Current status
Where it stands
Status
In Committee
Latest action
2025-02-18 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation