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Read twice and referred to the Committee on Finance.
7/13/2016 • Senate
Summary
Access to Childcare Expansion Act or the ACE Act
This bill amends the Internal Revenue Code, with respect to the tax credit for expenses for household and dependent care services necessary for gainful employment (known as the Child and Dependent Care Tax Credit), to: (1) make the credit refundable, (2) increase the rate for the credit, and (3) require the dollar amounts of such credit to be adjusted for inflation after 2016.
Introduced in Senate • 7/13/2016
Topics & Subjects
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Bill Journey
Originated in the Senate
Introduced
July 13, 2016
Read twice and referred to the Committee on Finance.
Committee Review
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law