US SB2390 | 2013-2014 | 113th Congress
Status
Spectrum: Partisan Bill (Democrat 2-0)
Status: Introduced on May 22 2014 - 25% progression, died in committee
Action: 2014-05-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on May 22 2014 - 25% progression, died in committee
Action: 2014-05-22 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Foster Care Tax Credit Act - Amends the Internal Revenue Code to allow a partially refundable tax credit for each qualifying foster child who resides in the home of an eligible taxpayer for at least one calendar month during the taxable year. Defines "qualifying foster child" as a child in foster care who has not attained age 17, who is a citizen, national, or resident of the United States, and with respect to whom the child tax credit is not allowable. Requires the name and taxpayer identification number of a foster child to be included on the taxpayer's tax return. Directs the Secretary of Health and Human Services (HHS) to identify provisions in the Internal Revenue Code that can benefit foster families and increase outreach efforts to inform state and Indian tribal foster care agencies and foster families about such provisions.
Title
Foster Care Tax Credit Act
Sponsors
Sen. Heidi Heitkamp [D-ND] | Sen. Tim Kaine [D-VA] |
History
Date | Chamber | Action |
---|---|---|
2014-05-22 | Senate | Read twice and referred to the Committee on Finance. |
2014-05-22 | Senate | Sponsor introductory remarks on measure. (CR S3298) |
Subjects
Adoption and foster care
Government information and archives
Income tax credits
Indian social and development programs
Taxation
Government information and archives
Income tax credits
Indian social and development programs
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/113th-congress/senate-bill/2390/all-info |
Text | https://www.congress.gov/113/bills/s2390/BILLS-113s2390is.pdf |