Crist-Championed Child Tax Credit Clears Committee

Washington, DC – U.S. Representative Charlie Crist (D-St. Petersburg) released this statement following the House Ways and Means Committee vote to extend the American Rescue Plan Child Tax Credit through 2025 and make the refundability of the credit, which enables the Internal Revenue Service (IRS) to disburse the credit as advanced payments, permanent. This follows Congressman Crist leading House Democrats in a letter just last week in support of House Ways and Means Chair Richard Neal’s (D-MA) efforts to make permanent the Child Tax Credit, which has cut US child poverty in half.

“Florida families won today,” said Rep. Crist. “The improved Child Tax Credit under the American Rescue plan is already working every month to strengthen families. That's why I've been pushing to make this critical tax cut permanent. Under the Build Back Better Act that passed the House Ways and Means Committee today, parents will permanently enjoy a fully refundable Child Tax Credit. Plus, they'll get the expanded amount through 2025. Since July, over 3 million Florida families have benefited from this historic tax cut, putting tax dollars right back into parents' pockets and cutting child poverty in half. Stronger families equal a stronger Florida!”

This move is part of the House reconciliation package that went to the House Budget Committee Wednesday.

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