Summary: H.R.3757 — 115th Congress (2017-2018)All Information (Except Text)

There is one summary for H.R.3757. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/13/2017)

Grow American Incomes Now Act of 2017 or the GAIN Act

This bill amends the Internal Revenue Code, with respect to the earned income tax credit (EITC), to: (1) increase specified credit and phaseout percentages, (2) increase the earned income amounts and the phaseout amounts, (3) decrease from 25 to 21 the minimum eligibility age for individuals without qualifying children, and (4) allow employees to elect to receive advance payments of the EITC from employers when wages are paid.