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Main Subject: Taxation

American Family Act of 2021

This bill modifies the child tax credit to (1) make the credit fully refundable, (2) increase the amount of the credit and allow an additional credit for children who are under six years of age, (3) require the amount of the credit to be adjusted annually for inflation, and (4) require the Department of the Treasury to establish a program for making advance payments of the credit on a monthly basis.

House floor actions Actions

IntroReferral
Feb. 08 2021	Referred to the House Committee on Ways and Means.

Library of Congress Actions

IntroReferral
Feb. 08 2021	Introduced in House Introduced in House

House bill HR928-117

American Family Act of 2021

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