H.R. 2110 - Tax Fairness for All Families Act of 2017

APR. 20, 2017

H.R. 2110; Tax Fairness for All Families Act of 2017

DATED APR. 20, 2017

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Citations: H.R. 2110; Tax Fairness for All Families Act of 2017

115TH CONGRESS
1ST SESSION

H.R. 2110

To amend the Internal Revenue Code of 1986 to provide an increasingly
larger earned income credit for families with more than 3 children.

IN THE HOUSE OF REPRESENTATIVES

APRIL 20, 2017

Mr. NADLER 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 provide an increasingly larger earned income credit for families with more than 3 children.

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 ‘‘Tax Fairness for All Families Act of 2017’’.

SEC. 2. INCREASED EARNED INCOME CREDIT FOR FAMILIES WITH MORE THAN 3 CHILDREN.

(a) IN GENERAL. — Paragraph (1) of section 32(b) of the Internal Revenue Code of 1986 is amended to read as follows:

‘‘(1) PERCENTAGES. — For purposes of subsection (a) —

‘‘In the case of an eligible individual with:	The credit percentage is:	The phaseout percentage is:
1 qualifying child	34.00	15.98
2 qualifying children	40.00	21.06
3 qualifying children	45.00	21.06
4 qualifying children	50.00	21.06
5 qualifying children	55.00	21.06
6 qualifying children	60.00	21.06
7 or more qualifying children	65.00	21.06
No qualifying children	7.65	7.65.’’.

(b) CONFORMING AMENDMENT. — Paragraph (3) of section 32(b) of such Code is amended by striking subparagraph (A).

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