H. R. 217
IN THE HOUSE OF REPRESENTATIVES
January 3, 2019
Mr. Smith of Missouri introduced the following bill; which was referred to the Committee on Ways and Means
To amend the Internal Revenue Code of 1986 to make permanent certain changes made by Public Law 115–97 to the child tax credit.
This Act may be cited as the
Permanent Tax Relief for Working Families Act.
Increase in and modification of child tax credit
Section 24 of the Internal Revenue Code of 1986 is amended—
by amending subsection (a) to read as follows:
Allowance of credit
There shall be allowed as a credit against the tax imposed by this chapter for the taxable year an amount equal to the sum of—
$2,000 for each qualifying child of the taxpayer, and
$500 for each dependent of the taxpayer (as defined in section 152, without regard to all that follows
resident of the United States in section 152(b)(3)(A)) other than a qualifying child.
in subsection (b)—
the threshold amount in paragraph (1) and inserting
$400,000 in the case of a joint return ($200,000 in any other case),
by striking paragraph (2), and
Limitations and all that follows through
The amount and inserting
Limitation based on adjusted gross income.—The amount,
in subsection (d)(1)(A), by striking all that follows
under this section and inserting the following:
$2,000 in subsection (a)(1),
without regard to subsection (a)(2), and
without regard to this subsection and the limitation under section 26(a).
in subsection (d)(1)(B)(i), by striking
$3,000 and inserting
by inserting after subsection (d)(2) the following new paragraph:
Adjustment for inflation
In the case of a taxable year beginning after 2018, the $1,400 amount in paragraph (1)(A) shall be increased by an amount equal to—
such dollar amount, multiplied by
the cost-of-living adjustment determined under section 1(f)(3) for the calendar year in which the taxable year begins, determined by substituting
2016 in subparagraph (A)(ii) thereof.
by amending subsection (e) to read as follows:
No credit shall be allowed under this section if the identifying number of the taxpayer was issued after the due date for filing the return for the taxable year.
No credit shall be allowed under this section to a taxpayer with respect to any qualifying child unless the taxpayer includes the social security number of such child on the return of tax for the taxable year.
Social security number defined
For purposes of this subsection, the term social security number means a social security number issued to an individual by the Social Security Administration, but only if the social security number is issued—
to a citizen of the United States or pursuant to subclause (I) (or that portion of subclause (III) that relates to subclause (I)) of section 205(c)(2)(B)(i) of the Social Security Act, and
before the due date for such return.
Treatment of qualifying children disallowed credit
In the case of any qualifying child with respect to whom a credit is not allowed under this section by reason of subparagraph (A), such child shall be treated as a dependent to whom subsection (a)(2) applies.
by striking subsection (h).
The amendments made by this section shall take effect as if included in the enactment of section 11022 of Public Law 115–97.