[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1408 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 1408
To amend the Internal Revenue Code of 1986 to double the value of
certain tax benefits relating to children and dependents.
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IN THE HOUSE OF REPRESENTATIVES
February 18, 2025
Ms. Davids of Kansas (for herself, Mr. Fitzpatrick, Ms. Bonamici, and
Mr. Mackenzie) introduced the following bill; which was referred to the
Committee on Ways and Means
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A BILL
To amend the Internal Revenue Code of 1986 to double the value of
certain tax benefits relating to children and dependents.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Affordable Child Care Act''.
SEC. 2. CHILD AND DEPENDENT CARE CREDIT DOUBLED.
(a) In General.--Section 21(c) of the Internal Revenue Code of 1986
is amended--
(1) in paragraph (1), by striking ``$3,000'' and inserting
``$6,000'', and
(2) in paragraph (2), by striking ``$6,000'' and inserting
``$12,000''.
(b) Conforming Amendment.--Section 21 of such Code is amended by
striking subsection (g) and redesignating subsection (h) as subsection
(g).
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2024.
SEC. 3. DEPENDENT CARE ASSISTANCE PROGRAM LIMIT DOUBLED.
(a) In General.--Section 129(a)(2) of the Internal Revenue Code of
1986 is amended--
(1) in subparagraph (A), by striking ``$5,000 ($2,500'' and
inserting ``$10,000 (half such dollar amount)'', and
(2) by striking subparagraph (D).
(b) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2024.
SEC. 4. EMPLOYER-PROVIDED CHILDCARE CREDIT DOUBLED.
(a) In General.--Section 45F(b) of the Internal Revenue Code of
1986 is amended by striking ``$150,000'' and inserting ``$300,000''.
(b) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2024.
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