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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (2)

Short Titles

Short Titles - Senate

Short Title(s) as Introduced

Advancing Support for Working Families Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Internal Revenue Code of 1986 to provide an election to advance future child tax credits in the year of birth or adoption.

Actions Overview (1)

Date Actions Overview
12/04/2019Introduced in Senate

All Actions (1)

Date All Actions
12/04/2019Read twice and referred to the Committee on Finance.
Action By: Senate

Cosponsors (6)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Sinema, Kyrsten [D-AZ]* 12/04/2019
Sen. Daines, Steve [R-MT]* 12/04/2019
Sen. Capito, Shelley Moore [R-WV]* 12/04/2019
Sen. Manchin, Joe, III [D-WV]* 12/04/2019
Sen. Hoeven, John [R-ND] 12/05/2019
Sen. McSally, Martha [R-AZ] 12/12/2019

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Related Documents
Senate Finance12/04/2019 Referred to

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Latest Summary (1)

There is one summary for S.2976. View summaries

Shown Here:
Introduced in Senate (12/04/2019)

Advancing Support for Working Families Act

This bill allows individual taxpayers an election to advance up to $5,000 of the child tax credit in the year of birth or adoption of an applicable qualifying child (a child, other than an eligible foster child, who has a specified relationship to the taxpayer and meets certain age, residency, and support requirements).

The bill sets forth a special rule for parents who do not qualify for the full refundable portion of the child tax credit. The advance amount for such parents is the lesser of $5,000, or 25% of their earned income amount for the taxable year.

The bill requires the Government Accountability Office to report to Congress on matters relating to taxpayers who make an election to advance the child tax credit.