US Congress Senate Bill 1975 (Prior Session Legislation)

---

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 30 2014 - 25% progression, died in committee
Action: 2014-01-30 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Amends the Internal Revenue Code to allow taxpayers who do not otherwise itemize their tax deductions a deduction from gross income (above-the-line deduction) for their employment-related expenses incurred in caring for a child under the age of 13 or a child who is physicaly or mentaly incapable of self care (qualifying child). Limits the dollar amount of such deduction in a taxable year to $7,000 for taxpayers with one qualifying child or $14,000 for taxpayers with two or more qualifying children. Allows an annual inflation adjustment to such amounts for taxable years beginning after 2014.

A bill to amend the Internal Revenue Code of 1986 to provide an above-the-line deduction for child care expenses, and for other purposes.

Sen. Kirsten Gillibrand [D-NY]

Sen. Barbara Mikulski [D-MD]

Sen. Rand Paul [R-KY]

Date	Chamber	Action
2014-01-30	Senate	Read twice and referred to the Committee on Finance.

HB5365 (Same As) 2014-07-31 - Referred to the House Committee on Ways and Means.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/senate-bill/1975/all-info
Text	https://www.congress.gov/113/bills/s1975/BILLS-113s1975is.pdf