The House passed the Child Tax Credit Improvement Act (H.R. 4935) today, on a 237-173 vote. The bill would index the Child Tax Credit to inflation and would require taxpayers to provide social security numbers to claim the refundable portion of the credit.
On July 24, the House also passed the Student and Family Tax Simplification Act (H.R. 3393), on a 227-187 vote, with 32 Democrats joining the Republic majority. The bill would consolidate four existing education tax incentives—the American Opportunity Tax Credit, the Hope Credit, the Lifetime Learning Credit and the tuition deduction—into a single tax credit for up to $2,500 per year.