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- S.4589
S.4589: Family and Community Inflation Relief Act of 2022
About This Bill
- Introduced July 21, 2022
- Latest Major Action July 21, 2022
Bill Sponsor
Bill Version
- Introduced in Senate - July 21, 2022
Bill Summary
Family and Community Inflation Relief Act of 2022 This bill provides for an inflation adjustment to the amount of (1) the child tax credit, (2) the tax credit for expenses for household and dependent care services, (3) the American Opportunity and Lifetime Learning tax credits, and (4) the tax deduction for interest on education loans. The bill grants the Internal Revenue Service authority to adjust the standard mileage rate for the use of an...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| July 21, 2022 |
Read twice and referred to the Committee on Finance.
|
| July 21, 2022 |
Introduced in the Senate by Charles E. Grassley (R-Iowa) |