Child Tax Credit Improvement Act of 2014

Bill: 113-hr-4935
Sponsor: Rep. Jenkins, Lynn [R-KS-2]
Introduced: 2014-06-23 in the House
Policy area: Taxation
Subjects: Income tax credits
Inflation and prices
Marriage and family status
Tax treatment of families

Summary:
action_date: 2014-06-23
text: 
Child Tax Credit Improvement Act of 2014 - Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase from $110,00 to $150,000 the threshold amount applicable to married couples fiing joint tax returns ($75,000 for individual taxpayers and married taxpayers filing separately) above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning in calendar years after 2014.

action_date: 2014-07-17
text: 
Child Tax Credit Improvement Act of 2014 - Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase from $110,00 to $150,000 ($75,000 for individual taxpayers and married taxpayers filing separately) the threshold amount applicable to married couples fiing joint tax returns above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning after 2014.

action_date: 2014-07-25
text: 
Child Tax Credit Improvement Act of 2014 - Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase from $110,00 to $150,000 ($75,000 for individual taxpayers and married taxpayers filing separately) the threshold amount applicable to married couples filing joint tax returns above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning after 2014.
 
Requires taxpayers to include their social security numbers on their tax returns to claim the refundable portion of the child tax credit. 
 
Prohibits the entry of the budgetary effects of this Act on any PAYGO (pay-as-you-go) scorecard. 


Legislative actions:
action_date: 2014-07-25
text: Pursuant to the provisions of H. Res. 680, H.R. 4935 is laid on the table.
action_date: 2014-07-25
text: Pursuant to the provisions of H. Res. 680, the text of H.R. 4935 as passed by the House is appended at the end of the engrossment of H.R. 3393 as new matter.
action_date: 2014-07-25
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2014-07-25
text: On passage Passed by the Yeas and Nays: 237 - 173 (Roll no. 451). (text: CR H6825)
action_date: 2014-07-25
text: Passed/agreed to in House: On passage Passed by the Yeas and Nays: 237 - 173 (Roll no. 451).(text: CR H6825)
action_date: 2014-07-25
text: The previous question was ordered pursuant to the rule. (consideration: CR H6832)
action_date: 2014-07-25
text: DEBATE - The House proceeded with one hour of debate on H.R. 4935.
action_date: 2014-07-25
text: The rule provides for the consideration of H.R. 3393 and H.R. 4935 under a closed rule.
action_date: 2014-07-25
text: Considered under the provisions of rule H. Res. 680. (consideration: CR H6825-6833)
action_date: 2014-07-24
text: Rule H. Res. 680 passed House.
action_date: 2014-07-23
text: Rules Committee Resolution H. Res. 680 Reported to House. The rule provides for the consideration of H.R. 3393 and H.R. 4935 under a closed rules.
action_date: 2014-07-17
text: Placed on the Union Calendar, Calendar No. 393.
action_date: 2014-07-17
text: Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-527.
action_date: 2014-07-17
text: Reported (Amended) by the Committee on Ways and Means. H. Rept. 113-527.
action_date: 2014-06-25
text: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 22 - 15.
action_date: 2014-06-25
text: Committee Consideration and Mark-up Session Held.
action_date: 2014-06-23
text: Referred to the House Committee on Ways and Means.
action_date: 2014-06-23
text: Introduced in House
action_date: 2014-06-23
text: Introduced in House