HR 4274 · 100th Congress · Taxation

A bill to amend the Internal Revenue Code of 1986 to increase the amount of the earned income credit.

Introduced 1988-03-29· Sponsored by Rep. Grant, Bill [D-FL-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1988-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends Internal Revenue Code provisions governing the earned income tax credit to: (1) increase the credit percent from 14 percent to 16 percent (19 percent for taxpayers having more than one dependent child in the household); and (2) increase from $5,714 to $6,500 the amount of earned income subject to the credit.…

Summarized by Claude AI · Non-partisan · For informational purposes only