Bill · H.R. 2763· House(119-HR-2763)

American Family Act

Age: 83 years

Connecticut

Introduced: 4/9/2025
Last activity: 4/9/2025 — Referred to the House Committee on Ways and Means.
Sponsored by: Rosa DeLauro
Cosponsors: - 214 - 0

Taxation

Introduced
In Committee

What this bill would do

The American Family Act aims to amend the Internal Revenue Code of 1986 to establish a new refundable monthly child tax credit. This system provides monthly advance payments to taxpayers for specified children based on their age. The credit amount varies depending on whether a child has reached the age of 6. The bill includes income-based reductions and specific rules for eligibility and identification. It also establishes a credit for certain other dependents.

Yes· 3 of 10

Would children be better off under this?+9
The bill establishes a significant new monthly financial benefit for children.
Would households on low incomes be better off under this?+9
The credit is designed to provide immediate and regular financial relief to low-income families.
Is this likely to lift people out of poverty?+8
The refundable credit provides essential financial liquidity for low-income families.

The opposite· 3 of 4

Would high-income households be better off under this?-2
The credit is subject to reductions as income increases, limiting benefits for higher earners.
Does this reduce what the federal government owes?-2
The expansion of refundable tax credits increases federal spending and potentially the deficit.
Does this reduce what the federal government spends?-2
The bill establishes new monthly benefit payments which increases government expenditure.