Bills · HR 353
IN COMMITTEE· 119TH CONGRESS
House BillHR 353Taxation
Family First Act
INTRO JAN 13· LAST ACTION JAN 13
READING
24MIN
COSPONSORS
1
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenThis bill matters because it could put more money directly into the pockets of families, which can help them cover the rising costs of raising children, such as food, childcare, and school supplies. By making the credit fully refundable, it specifically targets and provides substantial support to low-income households, potentially lifting many children out of poverty or reducing financial hardship. This could lead to improved child well-being and economic stability for vulnerable families.
If this bill becomes law, families would have a permanent, enhanced financial benefit, unlike previous temporary expansions. If it doesn't pass, the Child Tax Credit would remain at its current levels and structure, offering less financial relief, particularly for low-income families who may not be able to claim the full credit due to limited tax liability. It also means the credit amount for younger children would not be increased, and inflation adjustments would not be implemented for the income thresholds as proposed.
KEY PROVISIONS
4AI-extractedPROVISION 01
Permanently increases the Child Tax Credit to $4,200 for children under age 6 and $3,000 for children aged 6 through 17.
This provides a substantial and lasting increase in financial support for families, with a greater benefit for younger children.
PROVISION 02
Makes the Child Tax Credit fully refundable, meaning families can receive the full credit amount as a refund even if they owe no income tax.
This provision significantly expands eligibility and provides critical financial support to low-income families, many of whom previously could not receive the full credit.
PROVISION 03
Sets new income thresholds for the credit, with a proportional credit for incomes below $20,000 and a phase-out beginning at $400,000 for joint filers ($200,000 for others).
These thresholds define who qualifies for the full credit, who receives a partial credit, and how higher earners are affected, ensuring broad applicability while also targeting support.
PROVISION 04
Requires a Social Security number for the taxpayer and each qualifying child to claim the credit.
This provision aims to ensure proper identification for all recipients and is a common requirement for federal benefits.
SPONSORSHIP
1 + 1
R· Utah
YRS IN OFFICE
5
BILLS LED
43
COSPONSOR BREAKDOWNBIPARTISAN · 0%
DEM 0 REP 1 IND 0
ACTION TIMELINE
2 EVENTSJAN 13
Introduced in House
JAN 13
Referred to the House Committee on Ways and Means.
BILL INFO
TypeHouse Bill
NumberHR 353
Congress119th
StatusIn Committee
IntroducedJan 13, 2025
Last actionJan 13, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED JAN 13, 2025
House BillHR 353Taxation
Family First Act
INTRODUCED JAN 13, 2025· LAST ACTION JAN 13, 2025
PASSAGE CHANCES
—%
READING
24 min
COSPONSORS
1
COMPLEXITY
Moderate
