Summary: H.R.4119 — 100th Congress (1987-1988)All Information (Except Text)

There is one summary for H.R.4119. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (03/09/1988)

Job Enhancement for Families Act - Amends Internal Revenue Code provisions governing the earned income tax credit to: (1) increase from $5,714 to $7,143 the amount of earned income subject to the credit; and (2) increase the credit percentage incrementally from 14 percent to 35 percent, adjusted annually for inflation, as the number of the taxpayer's dependent children increases from one to four or more.