Summary: H.R.4693 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.4693. Bill summaries are authored by CRS.

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Introduced in House (03/03/2016)

Young Child Tax Credit Act

This bill amends the Internal Revenue Code to allow individual taxpayers a new refundable tax credit based on the number of their qualifying children under the age of three and the taxpayer's adjusted gross income. Advance payments of credit amounts shall be made to taxpayers each month.