[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[H.R. 6146 Introduced in House (IH)]

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114th CONGRESS
  2d Session
                                H. R. 6146

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


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                    IN THE HOUSE OF REPRESENTATIVES

                           September 22, 2016

  Mr. Israel introduced the following bill; which was referred to the 
                      Committee on Ways and Means

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                                 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.

    This Act may be cited as the ``Middle Class Dependent Care Fairness 
Act of 2016''.

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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