H.R. 5689 · 118th Congress

EITC Age Parity Act of 2023

Stage
In committee
Sponsor
Judy Chu
Introduced
2023-09-26
Latest action
2023-09-26 · Introduced in House

Summary

EITC Age Parity Act of 2023

This bill modifies the age requirement for the earned income credit. Under current law, an individual taxpayer must have attained age 25, but not age 65, to claim the credit. This bill reduces the base year to age 18 and eliminates the age 65 cap on the credit.