H.R. 928 · 117th Congress
American Family Act of 2021
- Stage
- In committee
- Sponsor
- Rosa DeLauro
- Introduced
- 2021-02-08
- Latest action
- 2021-02-08 · Introduced in House
Summary
American Family Act of 2021
This bill modifies the child tax credit to (1) make the credit fully refundable, (2) increase the amount of the credit and allow an additional credit for children who are under six years of age, (3) require the amount of the credit to be adjusted annually for inflation, and (4) require the Department of the Treasury to establish a program for making advance payments of the credit on a monthly basis.