Summary: S.2148 — 104th Congress (1995-1996)All Information (Except Text)

There is one summary for S.2148. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (09/27/1996)

Working Family Child Care Tax Relief Act of 1996 - Amends the Internal Revenue Code with respect to the child and dependent care credit to: (1) increase such credit and make it refundable; and (2) provide it with an income-based phaseout and limitation.

Eliminates the foreign earned income exclusion as of a specified date. Allows an exclusion for overseas qualified elementary and secondary schooling expenses.