To amend the Internal Revenue Code of 1986 to extend the earned income tax credit to all taxpayers with dependents and to qualifying students, and for other purposes.
USA115th CongressHR-6873| House
| Updated: 9/25/2018
Bonnie Watson Coleman
Democratic Representative
New Jersey
Cosponsors (18)
Al Lawson (Democratic)Tim Ryan (Democratic)Raúl M. Grijalva (Democratic)Mark Pocan (Democratic)Karen Bass (Democratic)David N. Cicilline (Democratic)Darren Soto (Democratic)Sheila Jackson Lee (Democratic)Sanford D. Bishop (Democratic)Ro Khanna (Democratic)Filemon Vela (Democratic)Pramila Jayapal (Democratic)Eleanor Holmes Norton (Democratic)Jamie Raskin (Democratic)Yvette D. Clarke (Democratic)Bennie G. Thompson (Democratic)Nanette Diaz Barragán (Democratic)Gwen Moore (Democratic)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
EITC Modernization Act of 2018 This bill modifies the Earned Income Tax Credit (EITC) to: (1) make certain individuals who are college students or have an aged or disabled dependent eligible for the credit, (2) specify minimum credit amounts for the qualifying students and individuals with an aged or disabled dependent, (3) allow certain EITC recipients to elect to receive the credit payments monthly, and (4) decrease from 25 to 18 the minimum age of eligibility for individuals without dependents. The bill also requires the Internal Revenue Service to establish a Community Volunteer Income Tax Assistance Matching Grant Program to provide matching funds for the development, expansion, or continuation of tax preparation programs to assist low-income taxpayers and members of underserved populations.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Government trust fundsHigher educationIncome tax creditsPoverty and welfare assistanceSocial work, volunteer service, charitable organizationsTax administration and collection, taxpayersTax-exempt organizationsTax treatment of families
To amend the Internal Revenue Code of 1986 to extend the earned income tax credit to all taxpayers with dependents and to qualifying students, and for other purposes.
USA115th CongressHR-6873| House
| Updated: 9/25/2018
EITC Modernization Act of 2018 This bill modifies the Earned Income Tax Credit (EITC) to: (1) make certain individuals who are college students or have an aged or disabled dependent eligible for the credit, (2) specify minimum credit amounts for the qualifying students and individuals with an aged or disabled dependent, (3) allow certain EITC recipients to elect to receive the credit payments monthly, and (4) decrease from 25 to 18 the minimum age of eligibility for individuals without dependents. The bill also requires the Internal Revenue Service to establish a Community Volunteer Income Tax Assistance Matching Grant Program to provide matching funds for the development, expansion, or continuation of tax preparation programs to assist low-income taxpayers and members of underserved populations.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Bonnie Watson Coleman
Democratic Representative
New Jersey
Cosponsors (18)
Al Lawson (Democratic)Tim Ryan (Democratic)Raúl M. Grijalva (Democratic)Mark Pocan (Democratic)Karen Bass (Democratic)David N. Cicilline (Democratic)Darren Soto (Democratic)Sheila Jackson Lee (Democratic)Sanford D. Bishop (Democratic)Ro Khanna (Democratic)Filemon Vela (Democratic)Pramila Jayapal (Democratic)Eleanor Holmes Norton (Democratic)Jamie Raskin (Democratic)Yvette D. Clarke (Democratic)Bennie G. Thompson (Democratic)Nanette Diaz Barragán (Democratic)Gwen Moore (Democratic)
Ways and Means Committee
Taxation
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Government trust fundsHigher educationIncome tax creditsPoverty and welfare assistanceSocial work, volunteer service, charitable organizationsTax administration and collection, taxpayersTax-exempt organizationsTax treatment of families