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Expanding EITC Tax Credit and Support for Tax Preparation

This act expands the Earned Income Tax Credit (EITC) to include more individuals, such as students and those with new types of dependents. It also introduces the option for monthly EITC payments and establishes programs to assist low-income taxpayers with tax preparation, aiming to enhance financial stability and reduce income inequality.
Key points
More people can benefit from EITC: now includes students and individuals with new types of dependents, like elderly family members.
Option to receive EITC as monthly payments instead of a single refund, potentially improving financial liquidity.
Establishes a grant program for organizations providing free tax preparation assistance to low-income taxpayers.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_174
Sponsor: Rep. Watson Coleman, Bonnie [D-NJ-12]
Process start date: 2021-01-04
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

EITC Modernization Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_174.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-01-04.

What are the main provisions?

Key points include:

  • More people can benefit from EITC: now includes students and individuals with new types of dependents, like elderly family members.
  • Option to receive EITC as monthly payments instead of a single refund, potentially improving financial liquidity.
  • Establishes a grant program for organizations providing free tax preparation assistance to low-income taxpayers.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Watson Coleman, Bonnie [D-NJ-12].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Ways and Means.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-27.

CATEGORIES

Taxes Benefits Family