H.R. 1431 · 116th Congress

Cost-of-Living Refund Act of 2019

Stage
In committee
Sponsor
Ro Khanna
Introduced
2019-02-28
Latest action
2019-02-28 · Introduced in House

Summary

Cost-of-Living Refund Act of 2019

This bill modifies the earned income tax credit to (1) increase its credit percentage and modify the phaseout amount, (2) include for purposes of the credit certain qualifying dependents and students, and (3) set forth requirements for advance payments of the credit.