S.2790 - Foster Opportunity EITC Act of 2019116th Congress (2019-2020) |
|Sponsor:||Sen. Casey, Robert P., Jr. [D-PA] (Introduced 11/06/2019)|
|Committees:||Senate - Finance|
|Latest Action:||Senate - 11/06/2019 Read twice and referred to the Committee on Finance. (All Actions)|
This bill has the status Introduced
Here are the steps for Status of Legislation:
- Passed Senate
- Passed House
- To President
- Became Law
Summary: S.2790 — 116th Congress (2019-2020)All Information (Except Text)
Introduced in Senate (11/06/2019)
Foster Opportunity EITC Act of 2019
This bill amends the Internal Revenue Code to modify earned income tax credit provisions to increase such credit for individuals with no children and extend from 65 to 68 the age limit for such credit. It also lowers the credit eligibility age for individuals with no children and for homelesss and qualified foster youth.
The bill establishes new reporting requirements by state, local, and tribal foster care agencies for youth in foster care.