To amend the Internal Revenue Code of 1986 to provide a tax credit to all families with young children, and for other purposes.

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to replace the current dependent care credit with a credit for households with young children and for employment-related expenses for disabled dependents. Lowers the age for a qualifying individual from 13 years to 5 years and includes an additional amount for each such individual in determining such credit.…