HR 1308 · in committee · major
FISC Act
- economy
What this bill does
- This bill replaces the federal child tax credit with monthly cash payments from Social Security to pregnant women and caregivers of children.
- Pregnant women, married couples, and caregivers of children under 18 who meet income and residency requirements would receive these payments.
- Monthly payments range from $250 to $800 depending on child age and marital status, phasing out at $125,000 individual income or $250,000 joint income.
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Community Threads
Started by Cosponsor
- 01
How would replacing the current child tax credit with monthly cash payments affect families' ability to plan finances compared to annual tax refunds?
- 02
What evidence supports the claim that direct monthly payments would better serve pregnant women and caregivers than the existing tax credit structure?
- 03
How would the income phase-out thresholds of $125,000 individual and $250,000 joint affect middle-income families in different regions with varying costs of living?
Cosponsor writes these to seed civic discussion — they aren't user posts. Sign in to reply.
Sponsor · D-ME-2
Jared F. Golden
Citizen cosponsors
0
In Congress
0/ 435
House Reps cosponsoring
Introduced 2025-02-13
Legislative timeline
2025-02-13 · house · IntroReferral
Referred to the House Committee on Ways and Means.
2025-02-13 · IntroReferral
Introduced in House
2025-02-13 · IntroReferral
Introduced in House
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