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Middle-Class Tax Credit: $3,000 Refund and Monthly Payments

This bill introduces a new tax credit of $3,000 for middle-income individuals, aiming to increase their take-home pay and enhance financial stability. The credit will be paid out monthly, with the amount depending on the previous year's income. Funds from this credit will not be counted as income when determining eligibility for other federal or state benefits.
Key points
New $3,000 tax credit for eligible individuals based on income.
Option to receive the credit in monthly installments to improve cash flow.
The credit will not affect eligibility for other social benefits, as it is not counted as income.
The credit amount will be gradually reduced for individuals earning above $30,000 annually (or $80,000 for heads of household).
Credit amounts will be adjusted annually for inflation.
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Additional Information
Print number: 117_HR_6051
Sponsor: Rep. Tlaib, Rashida [D-MI-13]
Process start date: 2021-11-18
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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

BOOST Act of 2021

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_6051.

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 2021-11-18.

What are the main provisions?

Key points include:

  • New $3,000 tax credit for eligible individuals based on income.
  • Option to receive the credit in monthly installments to improve cash flow.
  • The credit will not affect eligibility for other social benefits, as it is not counted as income.
  • The credit amount will be gradually reduced for individuals earning above $30,000 annually (or $80,000 for heads of household).
  • Credit amounts will be adjusted annually for inflation.
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. Tlaib, Rashida [D-MI-13].

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 2025-12-28.

CATEGORIES

Taxes Benefits Economy