118th Congress · HOUSE BILLBILL

H.R. 5689 — EITC Age Parity Act of 2023

“To amend the Internal Revenue Code of 1986 to modify the age limitations on eligibility for the earned income tax credit.”

Taxation

Introduced Sep 26, 2023

Last action Sep 26, 2023

Pipeline · Bill → Law

Step 1

Introduced

Sep 26, 2023

Step 2

Referred

Sep 26, 2023

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill modifies the age requirement for the earned income credit. Under current law, an individual taxpayer must have attained age 25, but not age 65, to claim the credit. This bill reduces the base year to age 18 and eliminates the age 65 cap on the credit.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Sep 26, 2023

Introduced in House

Sep 26, 2023

Referred to the House Committee on Ways and Means.