S.3233: PACE Act

About This Bill

Bill Summary

Promoting Affordable Childcare for Everyone Act or the PACE Act This bill amends the Internal Revenue Code, with respect to the tax credit for expenses for household and dependent care services necessary for gainful employment (known as the Child and Dependent Care Tax Credit), to: (1) make the credit refundable, (2) increase the rate for the credit, and (3) require the dollar amounts for such credit to be adjusted for inflation after 2016. ...

(Source: Library of Congress)

Bill Actions

Date Description
July 14, 2016
Read twice and referred to the Committee on Finance.
July 14, 2016

Introduced in the Senate by Angus King (ID-Maine)

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