119 HR 2800 IH: Boost the Middle Class Act U.S. House of Representatives 2025-04-09 text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.

I119th CONGRESS1st SessionH. R. 2800IN THE HOUSE OF REPRESENTATIVESApril 9, 2025Mr. Vasquez introduced the following bill; which was referred to the Committee on Ways and MeansA BILLTo amend the Internal Revenue Code of 1986 to increase the earned income tax credit, and for other purposes.

1.

Short title

This Act may be cited as the Boost the Middle Class Act.

2.

Increasing earned income tax credit

(a)

Increasing earned income amounts and phaseout amounts

(1)

Earned income amounts

The table contained in section 32(b)(2)(A) of such Code is amended—(A)by striking 6,330 and inserting 13,629,(B)by striking 8,890 and inserting 19,140, and(C)by striking 4,220 and inserting 9,086. (2)

Phaseout amounts

The table contained in section 32(b)(2)(A) of such Code, as amended by paragraph (1), is amended—(A)by striking 11,610 and inserting 24,992,(B)by striking 11,610 and inserting 24,992, and(C)by striking 5,280 and inserting 11,363.(b)

Increasing phaseout amounts for married individuals filing jointly

Section 32(b)(2)(B) of such Code is amended by striking 5,000 and inserting 7,612.(c)

Inflation adjustments

Section 32(j)(1) of such Code is amended—(1)in the matter preceding subparagraph (A), by striking 2015 and inserting 2026, and(2)in subparagraph (B)—(A)by striking 1995 and inserting 2025, and(B)by striking 2008 and inserting 2025.(d)

Effective date

The amendments made by this section shall apply to taxable years beginning after December 31, 2025.