To amend the Internal Revenue Code of 1986 to increase, expand the availability of, and repeal the sunset with respect to, the dependent care tax credit.
Family Care Act of 2007 - Amends the Internal Revenue Code to: (1) increase the rate of the tax credit for expenses for household and dependent care services; and (2) allow an inflation adjustment after 2007 to the adjusted gross income limitation applicable to such credit. Makes such increased tax credit permanent.
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E2402)
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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