| 1 | 1 | | I |
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| 2 | 2 | | 119THCONGRESS |
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| 3 | 3 | | 1 |
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| 4 | 4 | | STSESSION H. R. 2800 |
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| 5 | 5 | | To amend the Internal Revenue Code of 1986 to increase the earned income |
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| 6 | 6 | | tax credit, and for other purposes. |
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| 7 | 7 | | IN THE HOUSE OF REPRESENTATIVES |
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| 8 | 8 | | APRIL9, 2025 |
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| 9 | 9 | | Mr. V |
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| 10 | 10 | | ASQUEZintroduced the following bill; which was referred to the |
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| 11 | 11 | | Committee on Ways and Means |
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| 12 | 12 | | A BILL |
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| 13 | 13 | | To amend the Internal Revenue Code of 1986 to increase |
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| 14 | 14 | | the earned income tax credit, and for other purposes. |
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| 15 | 15 | | Be it enacted by the Senate and House of Representa-1 |
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| 16 | 16 | | tives of the United States of America in Congress assembled, 2 |
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| 17 | 17 | | SECTION 1. SHORT TITLE. 3 |
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| 18 | 18 | | This Act may be cited as the ‘‘Boost the Middle Class 4 |
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| 19 | 19 | | Act’’. 5 |
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| 20 | 20 | | SEC. 2. INCREASING EARNED INCOME TAX CREDIT. 6 |
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| 21 | 21 | | (a) I |
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| 22 | 22 | | NCREASINGEARNEDINCOMEAMOUNTS AND 7 |
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| 23 | 23 | | P |
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| 24 | 24 | | HASEOUTAMOUNTS.— 8 |
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| 25 | 25 | | VerDate Sep 11 2014 02:05 Apr 23, 2025 Jkt 059200 PO 00000 Frm 00001 Fmt 6652 Sfmt 6201 E:\BILLS\H2800.IH H2800 |
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| 26 | 26 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 2 |
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| 27 | 27 | | •HR 2800 IH |
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| 28 | 28 | | (1) EARNED INCOME AMOUNTS .—The table 1 |
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| 29 | 29 | | contained in section 32(b)(2)(A) of such Code is 2 |
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| 30 | 30 | | amended— 3 |
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| 31 | 31 | | (A) by striking ‘‘6,330’’ and inserting 4 |
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| 32 | 32 | | ‘‘13,629’’, 5 |
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| 33 | 33 | | (B) by striking ‘‘8,890’’ and inserting 6 |
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| 34 | 34 | | ‘‘19,140’’, and 7 |
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| 35 | 35 | | (C) by striking ‘‘4,220’’ and inserting 8 |
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| 36 | 36 | | ‘‘9,086’’. 9 |
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| 37 | 37 | | (2) P |
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| 38 | 38 | | HASEOUT AMOUNTS .—The table contained 10 |
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| 39 | 39 | | in section 32(b)(2)(A) of such Code, as amended by 11 |
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| 40 | 40 | | paragraph (1), is amended— 12 |
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| 41 | 41 | | (A) by striking ‘‘11,610’’ and inserting 13 |
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| 42 | 42 | | ‘‘24,992’’, 14 |
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| 43 | 43 | | (B) by striking ‘‘11,610’’ and inserting 15 |
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| 44 | 44 | | ‘‘24,992’’, and 16 |
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| 45 | 45 | | (C) by striking ‘‘5,280’’ and inserting 17 |
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| 46 | 46 | | ‘‘11,363’’. 18 |
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| 47 | 47 | | (b) I |
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| 48 | 48 | | NCREASINGPHASEOUTAMOUNTS FORMARRIED 19 |
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| 49 | 49 | | I |
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| 50 | 50 | | NDIVIDUALSFILINGJOINTLY.—Section 32(b)(2)(B) of 20 |
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| 51 | 51 | | such Code is amended by striking ‘‘5,000’’ and inserting 21 |
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| 52 | 52 | | ‘‘7,612’’. 22 |
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| 53 | 53 | | (c) I |
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| 54 | 54 | | NFLATIONADJUSTMENTS.—Section 32(j)(1) of 23 |
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| 55 | 55 | | such Code is amended— 24 |
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| 56 | 56 | | VerDate Sep 11 2014 02:05 Apr 23, 2025 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H2800.IH H2800 |
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| 57 | 57 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB 3 |
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| 58 | 58 | | •HR 2800 IH |
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| 59 | 59 | | (1) in the matter preceding subparagraph (A), 1 |
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| 60 | 60 | | by striking ‘‘2015’’ and inserting ‘‘2026’’, and 2 |
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| 61 | 61 | | (2) in subparagraph (B)— 3 |
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| 62 | 62 | | (A) by striking ‘‘1995’’ and inserting 4 |
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| 63 | 63 | | ‘‘2025’’, and 5 |
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| 64 | 64 | | (B) by striking ‘‘2008’’ and inserting 6 |
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| 65 | 65 | | ‘‘2025’’. 7 |
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| 66 | 66 | | (d) E |
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| 67 | 67 | | FFECTIVEDATE.—The amendments made by 8 |
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| 68 | 68 | | this section shall apply to taxable years beginning after 9 |
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| 69 | 69 | | December 31, 2025. 10 |
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| 70 | 70 | | Æ |
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| 71 | 71 | | VerDate Sep 11 2014 02:05 Apr 23, 2025 Jkt 059200 PO 00000 Frm 00003 Fmt 6652 Sfmt 6301 E:\BILLS\H2800.IH H2800 |
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| 72 | 72 | | kjohnson on DSK7ZCZBW3PROD with $$_JOB |
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