Senator Banks introduces bill to expand child tax credit

Senator Banks introduces bill to expand child tax credit

WASHINGTON (WANE) - Senator Jim Banks (R-Ind.) introduced a bill last week that would expand the child tax credit, including a new one for pregnant women, in an effort to support families. The Family First Act would increase the credit to $4,200 for kids under 6 years old and $3,000 for children older than that, according to a press release from Banks' office. That covers up to six children per family. Another tax credit of $2,800 would go to pr…

Indiana Sen. Jim Banks Unveils Bill To ‘Help Parents Give Their Kids A Shot At The American Dream’

Republican Indiana Sen. Jim Banks introduced a bill Wednesday aimed at providing tax relief for working American families and pregnant mothers. The bill, called the Family First Act, would increase the child tax credit (CTC) to $4,200 for families with a child between ages 0 to 5 and $3,000 for families with a child between […] Indiana Sen. Jim Banks Unveils Bill To ‘Help Parents Give Their Kids A Shot At The American Dream’

EXCLUSIVE: Sen. Jim Banks Unveils Bill To ‘Help Parents Give Their Kids A Shot At The American Dream’

The bill would increase the child tax credit for families with a child between ages 0 to 5, according to bill text obtained by the Daily Caller News Foundation.