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NC H1844

Bill

Status

Introduced

5/18/2010

Primary Sponsor

Bill Faison

Click for details

Origin

House of Representatives

2010 Session

AI Summary

  • Urges North Carolina's Congressional delegation to support legislation making permanent the expanded earned income tax credit, child tax credit, and American opportunity tax credit enacted in the American Recovery and Reinvestment Act of 2009.

  • Notes that over 825,000 North Carolina families benefit from the federal earned income tax credit, and the expanded tax credits collectively reduced the overall poverty rate by 20% and child poverty rate by 33% in 2009.

  • Highlights that the American opportunity tax credit expanded education benefits to 3.8 million low- and moderate-income college students for the first time.

  • Points out that these enhanced tax credits are scheduled to expire in 2011 without Congressional action, which would reduce or eliminate benefits for millions of low- and moderate-income children, individuals, and families.

  • Urges Congress to pass legislation to make the tax credit enhancements permanent.

Legislative Description

Poverty Reduction: ARRA Modifications

Last Action

Ref To Com On Rules, Calendar, and Operations of the House

5/20/2010

Committee Referrals

Rules, Calendar, and Operations of the House5/20/2010

Full Bill Text

No bill text available