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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="4935" measure-id="id113hr4935" originChamber="HOUSE" orig-publish-date="2014-06-23" update-date="2014-08-12">
<title>Child Tax Credit Improvement Act of 2014</title>
<summary summary-id="id113hr4935v36" currentChamber="HOUSE" update-date="2014-08-12">
<action-date>2014-07-25</action-date>
<action-desc>Passed House amended</action-desc>
<summary-text><![CDATA[<p>Child Tax Credit Improvement Act of 2014 - Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase from $110,00 to $150,000 ($75,000 for individual taxpayers and married taxpayers filing separately) the threshold amount applicable to married couples filing joint tax returns above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning after 2014.</p> <p>Requires taxpayers to include their social security numbers on their tax returns to claim the refundable portion of the child tax credit. </p> <p>Prohibits the entry of the budgetary effects of this Act on any PAYGO (pay-as-you-go) scorecard. </p>]]></summary-text>
</summary>
<summary summary-id="id113hr4935v17" currentChamber="HOUSE" update-date="2014-07-21">
<action-date>2014-07-17</action-date>
<action-desc>Reported to House amended</action-desc>
<summary-text><![CDATA[<p>Child Tax Credit Improvement Act of 2014 - Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase&nbsp;from $110,00 to&nbsp;$150,000&nbsp;($75,000 for individual taxpayers and married taxpayers filing separately) the threshold amount applicable to married couples fiing joint tax returns above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning after 2014.</p>]]></summary-text>
</summary>
<summary summary-id="id113hr4935v00" currentChamber="HOUSE" update-date="2014-07-21">
<action-date>2014-06-23</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>Child Tax Credit Improvement Act of 2014 - Amends the Internal Revenue Code, with respect to the child tax credit, to: (1) increase&nbsp;from $110,00 to&nbsp;$150,000&nbsp;the threshold amount applicable to married couples fiing joint tax returns ($75,000 for individual taxpayers and married taxpayers filing separately) above which such tax credit is reduced, and (2) allow an inflation adjustment to the threshold amounts and the $1,000 credit amount beginning in calendar years after 2014.</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>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.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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</BillSummaries>
