HR. 2900In Committee
PACE Act
Increases and makes refundable the child and dependent care tax credit while raising the tax exclusion for employer provided dependent care benefits
Plain-English overview
What this bill does
Increases and makes refundable the child and dependent care tax credit while raising the tax exclusion for employer provided dependent care benefits
Key points
- Allow refundable tax credit
- Increase child care tax credit
- Increase employer care benefit exclusion
Current status
Where it stands
Status
In Committee
Latest action
2025-04-10 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
undefinedTaxation