[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1903 Introduced in House (IH)]

103d CONGRESS
  1st Session
                                H. R. 1903

 To amend the Internal Revenue Code of 1986 to increase the credit for 
                        dependent care expenses.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 28, 1993

 Mrs. Maloney introduced the following bill; which was referred to the 
                      Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to increase the credit for 
                        dependent care expenses.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Child Care Affordability Act of 
1993''.

SEC. 2. INCREASE IN CREDIT FOR DEPENDENT CARE EXPENSES.

    (a) In General.--Paragraph (2) of section 21(a) of the Internal 
Revenue Code of 1986 (relating to expenses for household and dependent 
care services necessary for gainful employment) is amended by striking 
``30 percent reduced (but not below 20 percent)'' and inserting ``60 
percent reduced (but not below 40 percent)''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to taxable years beginning after December 31, 1993.

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