H.R. 4039 · 110th Congress

Child Care Family Tax Relief Act of 2007

Stage
In committee
Introduced
2007-11-01
Latest action
2007-11-01 · Introduced in House

Summary

Child Care Family Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for expenses for household and dependent care services; and (2) allow an inflation adjustment after 2007 to the adjusted gross income limitation applicable to such credit. Makes such increased tax credit permanent.