The American Rescue Plan

The American Rescue Plan, Public Law 117-2 (H.R. 1319), enacted 2021-03-11. What the text says, its status by provision, and sources.

The American Rescue Plan Act of 2021 became Public Law 117-2 on March 11, 2021. Among its provisions, it changed the child tax credit for taxable years beginning after December 31, 2020 and before January 1, 2022: the credit amount was $3,000 per qualifying child ($3,600 for a child under 6) instead of $1,000, reduced for higher incomes. This record covers only that provision so far; its other titles have not yet been researched. Economic effects, who was affected and why people disagree are marked as not yet researched where that is so. No person has signed off on this record.

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