H.R.7024 — Tax Relief for American Families and Workers Act of 2024
House Roll Call
H.R.7024
| Bill | H.R.7024 — Tax Relief for American Families and Workers Act of 2024 |
|---|---|
| Vote question | On Motion to Suspend the Rules and Pass, as Amended |
| Vote type | 2/3 Yea-And-Nay |
| Result | Passed |
| Totals | Yea 357 / Nay 70 / Present 0 / Not Voting 5 |
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| R | 169 | 47 | 0 | 3 |
| D | 188 | 23 | 0 | 2 |
| I | 0 | 0 | 0 | 0 |
Research Brief
On Motion to Suspend the Rules and Pass, as Amended
Bill Analysis
Bill Summary: HR 7024 - Tax Relief for American Families and Workers Act of 2024
The Tax Relief for American Families and Workers Act of 2024 (HR 7024) aims to provide significant tax relief to American families and workers, enhancing financial stability and promoting economic growth. The bill proposes various tax credits and deductions, primarily focusing on middle- and lower-income households.
Key Provisions:
- Expanded Child Tax Credit (CTC): The bill increases the CTC, making it fully refundable and raising the income thresholds for eligibility. This expansion is designed to alleviate child poverty and support working families.
- Earned Income Tax Credit (EITC) Enhancement: HR 7024 proposes to expand the EITC for childless workers, increasing the credit amount and adjusting eligibility criteria to include more individuals, thereby incentivizing work and reducing poverty.
- Temporary Tax Deductions: The legislation introduces temporary deductions for essential expenses, such as childcare and education, aimed at easing the financial burden on families.
- Business Incentives: The bill includes provisions for small businesses, such as tax credits for hiring and training workers, which are intended to stimulate job creation and economic recovery.
Funding and Authorities: The bill outlines funding through adjustments in tax policy, including the modification of existing tax rates and credits. It does not allocate new federal funding but relies on projected increases in tax revenues from enhanced compliance and economic growth.
Agencies Affected: The Internal Revenue Service (IRS) will be primarily responsible for implementing the changes, including the administration of new credits and deductions.
Beneficiaries and Regulation: The primary beneficiaries of HR 7024 are American families, particularly those with children and low- to moderate-income workers. The bill also impacts small businesses by providing incentives for workforce expansion.
Key Timelines: As of the latest action, the Senate is reconsidering the cloture vote on the motion to proceed with the bill, indicating ongoing legislative discussions. The timeline for final passage remains uncertain, pending further Senate deliberations.
Yea (357)
C
Colin Allred
K
Kelly Armstrong
E
Earl Blumenauer
L
Larry Bucshon
K
Ken Calvert
Y
Yadira Caraveo
T
Tony Cárdenas
M
Matt Cartwright
L
Lori Chavez-DeRemer
G
Gerald Connolly
J
Jason Crow
J
John Duarte
A
Anna Eshoo
A
A. Ferguson
S
Scott Franklin
M
Mike Gallagher
R
Ruben Gallego
J
John Garamendi
M
Mike Garcia
K
Kay Granger
G
Garret Graves
R
Raúl Grijalva
B
Brian Higgins
J
Jeff Jackson
S
Sheila Jackson Lee
D
Daniel Kildee
D
Derek Kilmer
A
Ann Kuster
J
Jake LaTurner
B
Barbara Lee
B
Blaine Luetkemeyer
K
Kathy Manning
L
Lucy McBath
L
Lisa McClain
P
Patrick McHenry
M
Marcus Molinaro
A
Alexander Mooney
W
Wiley Nickel
B
Bill Pascrell
D
Donald Payne
M
Mary Peltola
G
Greg Pence
K
Katie Porter
C
Cathy Rodgers
C
C. Ruppersberger
J
John Rutherford
J
John Sarbanes
D
David Schweikert
A
Abigail Spanberger
M
Michelle Steel
E
Eric Swalwell
D
David Trone
N
Nydia Velázquez
D
Debbie Wasserman Schultz
B
Brad Wenstrup
J
Jennifer Wexton
S
Susan Wild
B
Brandon Williams
Nay (70)
D
Dan Bishop
J
Jamaal Bowman
K
Ken Buck
M
Michael Burgess
C
Cori Bush
J
Jerry Carl
A
Anthony D'Esposito
L
Lloyd Doggett
J
Jeff Duncan
M
Matt Gaetz
B
Bob Good
M
Mark Green
D
Doug Lamborn
D
Debbie Lesko
G
Grace Napolitano
B
Bill Posey
M
Matthew Rosendale
R
Rashida Tlaib
M
Michael Waltz
