Advancing Support for Working Families Act
Latest action · Dec 4, 2019 Read twice and referred to the Committee on Finance.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedDec 4, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 6
Members who signed on, in the order they did. Signatures ran from Dec 4, 2019 to Dec 12, 2019, with 4 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| I-WV | Joe Manchin III | Original | Dec 4, 2019 |
| D-AZ | Kyrsten Sinema | Original | Dec 4, 2019 |
| R-WV | Shelley Moore Capito | Original | Dec 4, 2019 |
| R-MT | Steve Daines | Original | Dec 4, 2019 |
| R-ND | John Hoeven | Dec 5, 2019 | |
| R-AZ | Martha McSally | Dec 12, 2019 |
Actions 2
Everything that happened, newest first.
- Dec 4, 2019Introduced in Senate
- Dec 4, 2019Read twice and referred to the Committee on Finance.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 5296 | Advancing Support for Working Families Act | Identical bill | Dec 4, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Administrative law and regulatory procedures
- Adoption and foster care
- Congressional oversight
- Department of the Treasury
- Family relationships
- Fraud offenses and financial crimes
- Government studies and investigations
- Income tax credits
- Income tax deferral
- Poverty and welfare assistance
- Tax administration and collection, taxpayers
- Tax treatment of families
- Taxation
Text 1
Each version as it was printed, newest first.
- Dec 4, 2019Introduced in Senate
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.