To amend the Internal Revenue Code of 1986 to increase the child care credit and eliminate the exclusion of certain income of and the special dividends received deduction with respect to foreign sales corporations.
Middle Class Child Care Affordability Act of 1996 - Amends the Internal Revenue Code to increase the amount of employment-related expenses incurred which may be taken into account applicable to the child care credit.
Eliminates certain offset provisions regarding foreign sales corporations.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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