US Codex
Bill
Notes

To amend the Internal Revenue Code of 1986 to create parity for unmarried individuals and heads of household with respect to the temporary 2021 income phaseouts in the child tax credit.

H.R. 3216 · 117th Congress · May 13, 2021 · Lineage

A BILL

Section 1 Heads of household phaseout threshold increased

(a)
In general— Section 24(i)(4)(B)(ii) of the Internal Revenue Code of 1986 is amended by striking “$112,500” and inserting “$150,000”.
(b)
Effective date— The amendment made by this section shall apply to taxable years beginning after December 31, 2020.