To amend the Internal Revenue Code of 1986 to create parity for unmarried individuals and heads of household with respect to the temporary 2021 income phaseouts in the child tax credit.

Bill: 117-hr-3216
Sponsor: full_name: Rep. Porter, Katie [D-CA-45]
Introduced: 2021-05-13
Policy area: Taxation
Latest action: action_date: 2021-05-13
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2021-05-13
action_desc: Introduced in House
text: <p>This bill increases the applicable threshold amount for heads of household in 2021 to $150,000 for purposes of the income phaseout in the child tax credit (thus making it equal to the threshold amount for married individuals filing joint tax returns).</p>

tv_txt: I 117th CONGRESS 1st Session H. R. 3216 IN THE HOUSE OF REPRESENTATIVES May 13, 2021 Ms. Porter (for herself, Ms. Pressley , Mr. Beyer , Mrs. Watson Coleman , Mr. Nadler , Ms. Speier , Ms. Houlahan , Ms. Strickland , Ms. Lois Frankel of Florida , Mr. Raskin , Ms. Schakowsky , Ms. Pingree , Mr. Vargas , Ms. Bonamici , Ms. Dean , Ms. Velázquez , Mr. Levin of Michigan , Mr. Panetta , Ms. Bush , Ms. Leger Fernandez , Mr. Welch , Ms. Meng , Ms. Schrier , Ms. Scanlon , Ms. Tlaib , Ms. Omar , Mr. Krishnamoorthi , Ms. Jacobs of California , Mr. Blumenauer , Ms. Stevens , Ms. Newman , Ms. Lee of California , Ms. Clarke of New York , Mrs. Napolitano , Ms. Jayapal , Mrs. Hayes , Ms. Ocasio-Cortez , Mr. Malinowski , Ms. McCollum , Ms. Craig , Mr. Correa , Ms. Wasserman Schultz , Ms. Sherrill , Mr. Neguse , Mr. Kim of New Jersey , Ms. Clark of Massachusetts , Mrs. Lawrence , Mr. Levin of California , Mrs. Trahan , Mrs. Axne , Ms. Kuster , Mr. Schneider , Ms. Brownley , Ms. Wexton , and Ms. Slotkin ) 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 create parity for unmarried individuals and heads of household with respect to the temporary 2021 income phaseouts in the child tax credit.

1. Heads of household phaseout threshold increased (a) In general Section 24(i)(4)(B)(ii) of the Internal Revenue Code of 1986 is amended by striking $112,500 and inserting $150,000 . (b) Effective date The amendment made by this section shall apply to taxable years beginning after December 31, 2020.