Library / Laws / 116th / hr / H.R. 2273 / Introduced in House
I
116th CONGRESS
1st Session
H. R. 2273
IN THE HOUSE OF REPRESENTATIVES
April 10, 2019
Mr. Nadler introduced the following bill; which was referred to the Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to provide an increasingly larger earned income credit
for families with more than 3 children.
1.
Short title
This Act may be cited as the Tax Fairness for All Families Act of 2019.
2.
Increased earned income credit for families with more than 3 children
(a)
In general
Paragraph (1) of section 32(b) of the Internal Revenue Code of 1986 is amended to read as follows:
(1)
Percentages
For purposes of subsection (a)— In the case of an eligible individual with:The credit percentage is:Thephaseout percentage is:1 qualifying child3415.982 qualifying children4021.063 qualifying children4521.064 qualifying children5021.065 qualifying children5521.066 qualifying children6021.067 or more qualifying children6521.06No qualifying children7.657.65
.
(b)
Effective date
The amendment made by this section shall apply to taxable years beginning after December 31, 2018.