Introduced:
Apr 10, 2025
Policy Area:
Taxation
Congress.gov:
Bill Statistics
3
Actions
0
Cosponsors
0
Summaries
1
Subjects
1
Text Versions
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Full Text
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Latest Action
Apr 10, 2025
Referred to the House Committee on Ways and Means.
Actions (3)
Referred to the House Committee on Ways and Means.
Type: IntroReferral
| Source: House floor actions
| Code: H11100
Apr 10, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: Intro-H
Apr 10, 2025
Introduced in House
Type: IntroReferral
| Source: Library of Congress
| Code: 1000
Apr 10, 2025
Subjects (1)
Taxation
(Policy Area)
Full Bill Text
Length: 1,689 characters
Version: Introduced in House
Version Date: Apr 10, 2025
Last Updated: Nov 12, 2025 6:26 AM
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2898 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 2898
To amend the Internal Revenue Code of 1986 to establish a permanent
lookback provision with respect to the Earned Income Credit.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
April 10, 2025
Mrs. Sykes introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to establish a permanent
lookback provision with respect to the Earned Income Credit.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
[From the U.S. Government Publishing Office]
[H.R. 2898 Introduced in House
(IH) ]
<DOC>
119th CONGRESS
1st Session
H. R. 2898
To amend the Internal Revenue Code of 1986 to establish a permanent
lookback provision with respect to the Earned Income Credit.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
April 10, 2025
Mrs. Sykes introduced the following bill; which was referred to the
Committee on Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to establish a permanent
lookback provision with respect to the Earned Income Credit.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1.
This Act may be cited as the ``EITC Lookback Act''.
SEC. 2.
(a) In General.--
Section 32 of the Internal Revenue Code of 1986 is
amended by adding at the end the following new subsection:
``
(o) Lookback.
amended by adding at the end the following new subsection:
``
(o) Lookback.--If the earned income of the taxpayer for the
taxable year is less than the earned income of the taxpayer for the
preceding taxable year, the credit allowed under subsection
(a) may, at
the election of the taxpayer, be determined by substituting--
``
(1) such earned income for the preceding taxable year,
for
``
(2) such earned income for the taxable year.''.
(b) Effective Date.--The amendment made by this section shall apply
to determinations made with respect to taxable years beginning after
December 31, 2024.
<all>
``
(o) Lookback.--If the earned income of the taxpayer for the
taxable year is less than the earned income of the taxpayer for the
preceding taxable year, the credit allowed under subsection
(a) may, at
the election of the taxpayer, be determined by substituting--
``
(1) such earned income for the preceding taxable year,
for
``
(2) such earned income for the taxable year.''.
(b) Effective Date.--The amendment made by this section shall apply
to determinations made with respect to taxable years beginning after
December 31, 2024.
<all>