Pipeline · Bill → Law
Step 1
Introduced
Jan 17, 2024
Step 2
Referred
Jan 17, 2024
Rules · Ways & Means
Step 3
Committee
Jan 19, 2024
Reported out
Step 4
House floor
Step 5
Senate
Aug 1, 2024
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
TITLE I--TAX RELIEF FOR WORKING FAMILIES This title modifies the calculation of the refundable portion of the child tax credit to require the multiplication of the credit amount in calendar years 2023-2025 by the number of qualifying children. The maximum refundable amount per child of such credit is increased to $1,800 in 2023, $1,900 in 2024, and $2,000 in 2025, with an inflation adjustment beginning after 2023. The title allows taxpayers to elect in 2024 and 2025 to use prior year earned income in calculating their earned income tax credit TITLE II--AMERICAN INNOVATION AND GROWTH This title allows taxpayers to delay the date on which they must begin deducting their domestic research o...
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Similar Bills · 1 matches
| Bill | Text overlap | Status |
|---|---|---|
| H.R. 5863— Federal Disaster Tax Relief Act of 2023 | 75% | ENACTED |
Roll Call Votes · 2
Timeline · 25 actions
Aug 1, 2024
Motion to proceed to measure considered in Senate.
Aug 1, 2024
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 48 - 44. Record Vote Number: 230.ROLL CALLfail
Aug 1, 2024
Motion by Senator Schumer to reconsider the vote by which cloture on the motion to proceed to the measure was not invoked (Record Vote No. 230) made in Senate.
Jul 29, 2024
Motion to proceed to consideration of measure made in Senate.
Jul 29, 2024
Cloture motion on the motion to proceed to the measure presented in Senate.
Mar 21, 2024
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 349.
Mar 20, 2024
Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Feb 1, 2024
Received in the Senate.
Jan 31, 2024
Mr. Smith (MO) moved to suspend the rules and pass the bill, as amended.
Jan 31, 2024
Considered under suspension of the rules.
Jan 31, 2024
DEBATE - The House proceeded with forty minutes of debate on H.R. 7024.
Jan 31, 2024
UNANIMOUS CONSENT REQUEST - Mr. Smith (MO) asked unanimous consent that debate be extended by 20 minutes to be controlled by the gentleman from Massachusetts, Mr. Neal. Objection heard.
Jan 31, 2024
DEBATE - The House resumed debate on H.R. 7024.
Jan 31, 2024
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jan 31, 2024
Considered as unfinished business.
Jan 31, 2024
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 357 - 70 (Roll no. 30).ROLL CALLpass
Jan 31, 2024
Motion to reconsider laid on the table Agreed to without objection.
Jan 23, 2024
Reported (Amended) by the Committee on Ways and Means. H. Rept. 118-353, Part I.
Jan 23, 2024
Committee on Rules discharged.
Jan 23, 2024
Placed on the Union Calendar, Calendar No. 288.
Jan 19, 2024
Committee Consideration and Mark-up Session Held
Jan 19, 2024
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 40 - 3.
Jan 17, 2024
Introduced in House
Jan 17, 2024
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Jan 17, 2024
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.