[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2048 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 2048

  To amend the Internal Revenue Code of 1986 to improve the dependent 
    care credit by repealing the phasedown of the credit percentage.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 17, 2013

  Mr. Israel 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 improve the dependent 
    care credit by repealing the phasedown of the credit percentage.

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

SECTION 1. SHORT TITLE; FINDINGS.

    (a) Short Title.--This Act may be cited as the ``Middle Class 
Dependent Care Fairness Act of 2013''.
    (b) Findings.--Congress finds the following:
            (1) During the past few decades we have seen a greater need 
        for childcare which means a greater cost for middle-class 
        families. These child care costs can be a major burden for 
        modern families.
            (2) In 2011, 44 percent of all American families included 
        children under the age of 18. Fifty-eight and one-half percent 
        of married couples with children both worked in 2011. The labor 
        force participation rate of mothers with children under the age 
        of 6 was 63.9 percent in 2011 compared with 39 percent in 1975.
            (3) Nationwide, on any given day, 4.6 million children 
        under the age of 5 are in child care outside the home.
            (4) In 40 States, the average annual cost for center-based 
        care for an infant is higher than a year's tuition and related 
        fees at a 4-year public college.

SEC. 2. DEPENDENT CARE CREDIT IMPROVEMENTS.

    (a) Repeal of Phasedown of Credit Percentage.--Subsection (a) of 
section 21 of the Internal Revenue Code of 1986 is amended to read as 
follows:
    ``(a) Allowance of Credit.--In the case of an individual for which 
there are 1 or more qualifying individuals (as defined in subsection 
(b)(1)) with respect to such individual, there shall be allowed as a 
credit against the tax imposed by this chapter for the taxable year an 
amount equal to 35 percent of the employment-related expenses (as 
defined in subsection (b)(2)) paid by such individual during the 
taxable year.''.
    (b) Effective Date.--The amendment made by this section shall apply 
to taxable years beginning after the date of the enactment of this Act.
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