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Strikes subsection (b) (head of household) and makes conforming deletions, strikes, and redesignations throughout section 1 to remove or adjust provisions and cross-references related to head of household filing status.
Replaces the text of section 151(d)(5) to eliminate the additional exemption for dependents for taxable years after 2025 and to specify how that reduction is to be treated for other provisions.
Amends section 164(b)(6) by replacing the prior applicability date range with a new applicability starting date.
This bill would change the federal tax code to strengthen the Child Tax Credit, aiming to provide more help to families with kids. The draft lists a new “Child tax credit” section in the tax code (Section 36C). The excerpt provided does not include details like the dollar amount, age or income rules, or when changes would start.
Key points
Referred to the House Committee on Ways and Means.
Introduced January 13, 2025 by Blake D. Moore · Last progress January 13, 2025
Family First Act