Working Families Disaster Tax Relief Act
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill allows disaster-affected taxpayers to use prior-year earned income when determining eligibility for a child tax credit formula.
Who Benefits and How
Taxpayers affected by disasters could maintain or improve tax credit eligibility if their current-year earnings fall because of the disaster.
Who Bears the Burden and How
The Federal Government would lose revenue to the extent the election increases refundable child tax credit amounts for disaster-affected filers.
Key Provisions
- Allows disaster-affected taxpayers to elect to use preceding-year earned income for child tax credit eligibility calculations.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers.
At a Glance
What This Bill Does
This bill allows disaster-affected taxpayers to use prior-year earned income when determining eligibility for a child tax credit formula.
Key Policy Areas
Finance
Primary Purpose
This bill allows disaster-affected taxpayers to use prior-year earned income when determining eligibility for a child tax credit formula.
Policy Domains
Main Provisions
Identified Gains
Contextual inference, no direct clause citation- Disaster-affected taxpayers using prior-year income to preserve tax credit eligibility
Contextual inference, no direct clause citation
Identified Costs
Contextual inference, no direct clause citation- Federal revenues reduced by the more generous disaster-related credit election
Contextual inference, no direct clause citation
Sponsors
Legislative Progress
In CommitteeRead twice and referred to the Committee on Finance.
Introduced in Senate
Ms. Klobuchar (for herself and Mr. Cassidy) introduced the following …
Stakeholder Effects
cui bono?How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.
Disaster-affected taxpayers electing to use prior-year earned income for child tax credit purposes
Federal revenues reduced by the expanded disaster-related child tax credit election
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology