Bill · H.R. 413· House(119-HR-413)

CHILD Act of 2025

Age: 53 years

Oklahoma

Introduced: 1/15/2025
Last activity: 1/15/2025 — Referred to the House Committee on Ways and Means.
Sponsored by: Stephanie Bice
Cosponsors: - 4 - 5

Taxation

Introduced
In Committee

What this bill would do

This bill, known as the "Combating High Inflation Limiting Daycare Act of 2025" or the "CHILD Act of 2025," aims to amend the Internal Revenue Code of 1986. It seeks to index dependent care assistance programs to inflation. Specifically, it increases the maximum contribution to these programs from $5,000 to $10,000. The bill also establishes a cost-of-living adjustment process for dollar amounts in Section 129. Additionally, it involves removing certain deadwood from the existing code. These changes are intended to take effect for calendar years beginning after December 31, 2024.

Yes· 3 of 7

Does this make child care cost less?+7
The bill increases the maximum contribution to dependent care assistance programs from $5,000 to $10,000 to help offset childcare costs.
Would middle-income households be better off under this?+5
Middle-income families benefit from the increased ability to contribute to tax-advantaged dependent care assistance.
Does this cut taxes for middle-income families?+5
The bill allows for a higher tax-free contribution to dependent care assistance programs, effectively increasing disposable income for families.