US HB3300 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Democrat 3-0)
Status: Introduced on June 18 2019 - 25% progression, died in chamber
Action: 2020-02-04 - Placed on the Union Calendar, Calendar No. 307.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on June 18 2019 - 25% progression, died in chamber
Action: 2020-02-04 - Placed on the Union Calendar, Calendar No. 307.
Text: Latest bill text (Introduced) [PDF]
Summary
Modifies provisions relating to the earned income tax credit, the child tax credit, and the child and dependent care tax credit. Among other things, it increases the earned income tax credit in 2019 and 2020 for individuals with no qualifying children, makes the child and dependent care tax credits fully refundable during the same period, increases the child tax credit for children under the age of 4, increases the exclusion from employee gross income for employer-provided dependent care assistance, and provides for payments to U.S. possessions related to such credits. The bill also eliminates the increase in unrelated business taxable income by expenses for certain fringe benefits for which a tax deduction is not allowed, including transportation and parking benefits or an on-premises athletic facility.
Title
Economic Mobility Act of 2019
Sponsors
Rep. Richard Neal [D-MA] | Rep. Michael San Nicolas [D-GU] | Rep. Donald Norcross [D-NJ] |
History
Date | Chamber | Action |
---|---|---|
2020-02-04 | House | Placed on the Union Calendar, Calendar No. 307. |
2020-02-04 | House | Reported (Amended) by the Committee on Ways and Means. H. Rept. 116-384. |
2019-06-20 | House | Ordered to be Reported (Amended) by the Yeas and Nays: 22 - 19. |
2019-06-20 | House | Committee Consideration and Mark-up Session Held. |
2019-06-18 | House | Referred to the House Committee on Ways and Means. |
2019-06-18 | House | Introduced in House |
Same As/Similar To
HB3307 (Related) 2019-06-18 - Referred to the House Committee on Ways and Means.
HB1985 (Related) 2019-03-28 - Referred to the House Committee on Ways and Means.
HB1545 (Related) 2019-03-05 - Referred to the House Committee on Ways and Means.
SB632 (Related) 2019-02-28 - Read twice and referred to the Committee on Finance.
HB6379 (Related) 2020-03-23 - Referred to the Committee on Appropriations, and in addition to the Committees on the Budget, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
SB3883 (Related) 2020-06-03 - Read twice and referred to the Committee on Finance.
HB1985 (Related) 2019-03-28 - Referred to the House Committee on Ways and Means.
HB1545 (Related) 2019-03-05 - Referred to the House Committee on Ways and Means.
SB632 (Related) 2019-02-28 - Read twice and referred to the Committee on Finance.
HB6379 (Related) 2020-03-23 - Referred to the Committee on Appropriations, and in addition to the Committees on the Budget, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
SB3883 (Related) 2020-06-03 - Read twice and referred to the Committee on Finance.
Subjects
Adult day care
Business expenses
Caribbean area
Child care and development
Corporate finance and management
Employee benefits and pensions
Guam
Income tax credits
Income tax exclusion
Income tax rates
Inflation and prices
Northern Mariana Islands
Poverty and welfare assistance
Puerto Rico
Sports and recreation facilities
Student aid and college costs
Tax treatment of families
Tax-exempt organizations
Taxation
Transportation costs
U.S. territories and protectorates
Virgin Islands
Wages and earnings
Business expenses
Caribbean area
Child care and development
Corporate finance and management
Employee benefits and pensions
Guam
Income tax credits
Income tax exclusion
Income tax rates
Inflation and prices
Northern Mariana Islands
Poverty and welfare assistance
Puerto Rico
Sports and recreation facilities
Student aid and college costs
Tax treatment of families
Tax-exempt organizations
Taxation
Transportation costs
U.S. territories and protectorates
Virgin Islands
Wages and earnings