H.R. 5886 · 112th Congress
Middle Class Dependent Care Fairness Act of 2012
- Stage
- In committee
- Sponsor
- Steve Israel
- Introduced
- 2012-06-01
- Latest action
- 2012-06-01 · Introduced in House
Summary
Middle Class Dependent Care Fairness Act of 2012 - Amends the Internal Revenue Code to eliminate the mandatory reduction in the rate of the tax credit for household and dependent care services for taxpayers whose adjusted gross incomes exceed $15,000. Makes provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 that increased the amounts of employment-related expenses eligible for such credit permanent.