HR 14737 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow an individual a credit for certain household and dependent care expenses necessary for gainful employment.

Introduced 1974-05-13· Sponsored by Rep. Bowen, David R. [D-MS-2]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-05-13)

Plain Language Summary

[AI summary unavailable — showing source text] Allows an individual a tax credit under the Internal Revenue Code of 1954 for household and dependent care expenses necessary for gainful employment. Limits such tax credit to $150 per month. Imposes restrictions on such credit when an individual's adjusted gross income reaches $18,000.…

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