Missoulian: House
votes to limit tax credit for immigrants
H.R.4935: Child Tax Credit
Improvement Act of 2014
“Child Tax Credit Improvement Act of 2014 - Amends the
Internal Revenue Code, with respect to the child tax credit, to: (1)
increase from $110,00 to $150,000 ($75,000 for individual
taxpayers and married taxpayers filing separately) the threshold amount
applicable to married couples fiing joint tax returns above which such tax
credit is reduced, and (2) allow an inflation adjustment to the threshold
amounts and the $1,000 credit amount beginning after 2014.”- CRS summery