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Referenced Laws
Section 21(c)
Section 1
1. Increase in credit for expenses for household and dependent care services Section 21(c) of the Internal Revenue Code of 1986 is amended— in paragraph (1), by striking $3,000 and inserting $6,000, and in paragraph (2), by striking $6,000 and inserting $12,000. The amendments made by this section shall apply to taxable years beginning after the date of the enactment of this Act.
Section 2
2. Increase in employer-provided child care credit Section 45F(b) is amended by striking $150,000 and inserting $400,000. The amendment made by this section shall apply to taxable years beginning after the date of the enactment of this Act.