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S. 2565

Helping Working Families Afford Child Care Act

Helping Working Families Afford Child Care Act - Amends the Internal Revenue Code, with respect to the tax credit for employment-related expenses incurred for the care of a taxpayer's dependent, to: (1) increase to $200,000, the adjusted gross income threshold level above which such credit is incrementally reduced; (2) increase the dollar limit on the allowable amount of such credit; (3) allow an inflation adjustment to the threshold amount and the maximum credit amounts, beginning after 2015; and (4) make such credit refundable.

Read twice and referred to the Committee on Finance.

Sen. Shaheen, Jeanne [D-NH](D-NH)Sponsor
5 cosponsors5 D
5cosponsors1committees2actions3subjects
  • Introduced in SenateJul 8, 2014
  1. IntroReferral

    Read twice and referred to the Committee on Finance.

  2. IntroReferral10000

    Introduced in Senate