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Proposal:Cost-of-Living Refund Act of 2019

This proposal is archived and closed to further debate. It was introduced in the 116th Congress, which has concluded, and the bill was not enacted into law.
Geographic Scope
National

Description

Cost-of-Living Refund Act of 2019

This bill modifies the earned income tax credit to (1) increase its credit percentage and modify the phaseout amount, (2) include for purposes of the credit certain qualifying dependents and students, and (3) set forth requirements for advance payments of the credit.

Bill Title

Cost-of-Living Refund Act of 2019

Linked Goals

Steps

  • 2019-02-14: Read twice and referred to the Committee on Finance.
  • 2019-02-14: Introduced in Senate

Projected Outcome

A more informed proposal or public response aligned with the Promote General Welfare goal.