[Congressional Bills 116th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1068 Introduced in House (IH)]

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116th CONGRESS
  1st Session
                                H. R. 1068

To amend the Internal Revenue Code of 1986 to ensure that the temporary 
refundable portion of the child tax credit is not less than the payroll 
                      taxes paid by the taxpayer.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            February 7, 2019

   Mr. Budd 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 ensure that the temporary 
refundable portion of the child tax credit is not less than the payroll 
                      taxes paid by the taxpayer.

    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 ``Working Families Relief Act of 
2019''.

SEC. 2. TEMPORARY REFUNDABLE PORTION OF CHILD TAX CREDIT NOT LESS THAN 
              PAYROLL TAXES PAID BY TAXPAYER.

    (a) In General.--Section 24(h)(5)(A) of the Internal Revenue Code 
of 1986 is amended to read as follows:
                    ``(A) In general.--Subsection (d)(1)(A) shall be 
                applied without regard to paragraph (4) of this 
                subsection and the amount determined under subsection 
                (d)(1)(A) shall not exceed the greater of--
                            ``(i) $1,400, or
                            ``(ii) the excess of--
                                    ``(I) the taxpayer's social 
                                security taxes (as defined in 
                                subsection (d)(2)) for the taxable 
                                year, over
                                    ``(II) the credit allowed under 
                                section 32 for the taxable year.''.
    (b) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2018.
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