S. 2790 · 116th Congress

Foster Opportunity EITC Act of 2019

Stage
In committee
Sponsor
Bob Casey
Introduced
2019-11-06
Latest action
2019-11-06 · Introduced in Senate

Summary

Foster Opportunity EITC Act of 2019

This bill amends the Internal Revenue Code to modify earned income tax credit provisions to increase such credit for individuals with no children and extend from 65 to 68 the age limit for such credit. It also lowers the credit eligibility age for individuals with no children and for homelesss and qualified foster youth.

The bill establishes new reporting requirements by state, local, and tribal foster care agencies for youth in foster care.