H.R. 4030 · 109th Congress

To amend the Internal Revenue Code of 1986 to repeal the inflation adjustment of the earned income threshold used in determining the refundable portion of the child tax credit and to restore the threshold to its original amount.

Stage
In committee
Introduced
2005-10-07
Latest action
2005-10-07 · Introduced in House

Summary

Amends the Internal Revenue Code to repeal the annual inflation adjustment to the $10,000 earned income threshold amount used to determine the refundable portion of the child tax credit.