[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1426 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. R. 1426
To amend the Internal Revenue Code of 1986 to increase the amount
allowed as a credit under the expenses for household and dependent care
services credit and the employer-provided child care credit.
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IN THE HOUSE OF REPRESENTATIVES
February 18, 2025
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 increase the amount
allowed as a credit under the expenses for household and dependent care
services credit and the employer-provided child care credit.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. INCREASE IN CREDIT FOR EXPENSES FOR HOUSEHOLD AND DEPENDENT
CARE SERVICES.
(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) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after the date of the enactment of
this Act.
SEC. 2. INCREASE IN EMPLOYER-PROVIDED CHILD CARE CREDIT.
(a) In General.--Section 45F(b) is amended by striking ``$150,000''
and inserting ``$400,000''.
(b) Effective Date.--The amendment made by this section shall apply
to taxable years beginning after the date of the enactment of this Act.
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