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- H.R.4748
H.R.4748: To amend the Internal Revenue Code of 1986 to modify and make refundable the credit for expenses for household and dependent care services necessary for gainful employment.
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about taxation
- Introduced June 25, 2004
- Latest Major Action June 25, 2004
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Amends the Internal Revenue Code to revise the tax credit for household and dependent care services necessary for gainful employment by: (1) allowing a credit amount of $3,000 for each qualifying individual; (2) increasing to $125,000 the adjusted gross income threshold amount at which credit amounts are reduced; (3) providing for an inflation adjustment to such credit and threshold amounts; and (4) making the credit refundable.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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June 25, 2004 |
Introduced in the House by Jon Christopher Porter (R-Nev.) |