Amends the Internal Revenue Code to increase from ten to eleven percent the rate of the earned income credit. Increases the maximum allowable dollar amount of such credit and the income eligibility ceiling.
Repeals provisions of the Social Security Act which include the earned income credit in determining entitlement to (Aid for Dependent Children and Supplemental Security Income) benefits under such Act.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
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