Title: Foster EITC Act of 2017
Policy area: Taxation

Summary:
Foster EITC Act of 2017
This bill amends the Internal Revenue Code, with respect to the earned income tax credit, to: (1) expand the age range at which individuals without qualifying children are eligible for the credit to include individuals who have attained age 21 but not 68 (25 but not 65 under current law), and (2) make qualified foster youth eligible for the credit.
A "qualified foster youth" is an individual who: (1) has attained age 18 but not attained age 21 before the close of the taxable year, and (2) on or after attaining the age of 14 was placed in a foster family home by a state, a political subdivision of the state, or a qualified foster care placement agency.

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2681 Introduced in House (IH)]

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115th CONGRESS
  1st Session
                                H. R. 2681

To amend the Internal Revenue Code of 1986 to increase the age range at 
which the earned income tax credit is allowed to former foster children 
           and other individuals without qualifying children.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 25, 2017

Mr. Danny K. Davis of Illinois 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 increase the age range at 
which the earned income tax credit is allowed to former foster children 
           and other individuals without qualifying children.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Foster EITC Act of 2017''.

SEC. 2. INCREASE IN AGE RANGE AT WHICH EARNED INCOME TAX CREDIT 
              ALLOWABLE TO FORMER FOSTER CHILDREN AND OTHER INDIVIDUALS 
              WITHOUT QUALIFYING CHILDREN.

    (a) In General.--Section 32(c)(1)(A)(ii)(II) of the Internal 
Revenue Code of 1986 is amended--
            (1) by striking ``age 25'' and inserting ``age 21''; and
            (2) by striking ``age 65'' and inserting ``age 68''.
    (b) Expanding the EITC for Certain Former Foster Youth.--Section 
32(c)(1) of such Code is amended by adding at the end the following:
                    ``(G) Foster youth.--
                            ``(i) In general.--For purposes of 
                        subparagraph (A), the term `eligible 
                        individual' shall include an individual who is 
                        a qualified foster youth.
                            ``(ii) Qualified foster youth defined.--For 
                        purposes of clause (i), the term `qualified 
                        foster youth' means an individual who--
                                    ``(I) has attained age 18 but not 
                                attained age 21 before the close of the 
                                taxable year, and
                                    ``(II) on or after attaining the 
                                age of 14 was placed in a foster family 
                                home by an agency of a State or a 
                                political subdivision thereof or by a 
                                qualified foster care placement agency 
                                (as defined by section 131(b)(3)).''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after the date of enactment of this 
Act.
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