[20210923]IN11759_众议院筹款委员会“重建更好”调节语言下的儿童税收抵免：计算每月贷方金额 .pdf

CRS INSIGHT Prepared for Members and Committees of Congress INSIGHTINSIGHTi i The Child Tax Credit Under the House Ways and Means Committee “Build Back Better” Reconciliation Language: Calculating the Monthly Credit Amount September 23, 2021 In September 2021, the House Ways and Means Committee approved reconciliation language that would, among other changes, effectively extend the expanded child credit in effect in 2021 through the end of 2025. If these changes were to go into effect, eligible taxpayers would receive a monthly per-child benefit of up to $300 for young children and up to $250 for older children through the end of 2025. For 2022, the proposal extends the credit in effect in 2021, with some modifications that would affect its administration in certain cases. For 2023-2025, the proposal modifies eligibility rules and administration of the credit. These changes are broadly intended to allow the credit to be more “portable” if children move between taxpayers during the year, and limit repayment obligations in certain cases. After 2025, under current law, the credit is scheduled to return to its prior-law parameters. However, the Ways and Means language would modify curr