H.R.5600 - Child Tax Credit Growth Act of 2006
To amend the Internal Revenue Code of 1986 to reduce the earned income threshold applicable to the refundable portion of the child tax credit, to increase the age limit for such credit, and to impose an individual income tax surcharge.
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Child Tax Credit Growth Act of 2006 - Amends the Internal Revenue Code to: (1) reduce from $10,000 to $5,000 the income threshold for determining the refundable portion of the child tax credit; (2) increase from 17 to 19 the age limit for a qualifying child under such credit; and (3) impose...Read the Rest