PACE Act
Latest action · Mar 12, 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.
- IntroducedMar 12, 2019
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Promoting Affordable Childcare for Everyone Act or the PACE Act
This bill modifies the tax credit for expenses for household and dependent care services necessary for gainful employment (known as the Child and Dependent Care Tax Credit) to (1) make the credit refundable, (2) increase the rate for the credit, and (3) require the dollar amounts for such credit to be adjusted for inflation after 2019.
The bill also increases the amount of employer-provided dependent care assistance which may be excluded from the gross income of an employee and requires the increased exclusion amount to be adjusted for inflation after 2020.
Cosponsors 5
Members who signed on, in the order they did. Signatures ran from Mar 12, 2019 to May 1, 2019, with 4 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-NV | Jacky Rosen | Original | Mar 12, 2019 |
| D-AZ | Kyrsten Sinema | Original | Mar 12, 2019 |
| R-NC | Richard Burr | Original | Mar 12, 2019 |
| R-ME | Susan M. Collins | Original | Mar 12, 2019 |
| R-AZ | Martha McSally | May 1, 2019 |
Actions 2
Everything that happened, newest first.
- Mar 12, 2019Introduced in Senate
- Mar 12, 2019Read twice and referred to the Committee on Finance.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1696 | PACE Act | Identical bill | Mar 12, 2019 |
| HR 1985 | Family Savings for Kids and Seniors Act | Related bill | Mar 28, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Mar 12, 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.