HR 5886 · 112th Congress · Taxation
Middle Class Dependent Care Fairness Act of 2012
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2012-06-01)
Plain Language Summary
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Middle Class Dependent Care Fairness Act of 2012 - Amends the Internal Revenue Code to eliminate the mandatory reduction in the rate of the tax credit for household and dependent care services for taxpayers whose adjusted gross incomes exceed $15,000. Makes provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 that increased the amounts of employment-related expenses eligible for such credit permanent.…
Summarized by Claude AI · Non-partisan · For informational purposes only