118th Congress · HOUSE BILLBILL

H.R. 5421 — EITC Modernization Act

“To amend the Internal Revenue Code of 1986 to extend the earned income tax credit to all taxpayers with dependents and to qualifying students, and for other purposes.”

Taxation

Introduced Sep 12, 2023

Last action Sep 12, 2023

Pipeline · Bill → Law

Step 1

Introduced

Sep 12, 2023

Step 2

Referred

Sep 12, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill extends the earned income tax credit to taxpayers with certain dependents, including children and aged dependents, and to qualifying students. It also establishes a matching grant program for tax return preparation assistance for low-income taxpayers.

Provisions · 4 sectionsIntroduced in House

Timeline · 2 actions

Sep 12, 2023

Introduced in House

Sep 12, 2023

Referred to the House Committee on Ways and Means.