This bill changes the rules for who can claim two important tax credits that help working families: the child tax credit and the earned income tax credit. Right now, these credits help reduce the taxes that lower and middle-income families owe, putting money back in their pockets. Under this new bill, anyone claiming either of these credits would need to provide Social Security numbers—both their own and for any children under age 17 that they're claiming as dependents. The goal appears to be making sure that only eligible people receive these tax benefits by verifying their identity through Social Security numbers. This could affect millions of families who rely on these credits, since they'd need to have Social Security numbers on file to claim the benefits. For families without Social Security numbers—which might include some immigrant families or others—this could make it harder or impossible to claim credits they might otherwise qualify for.

Safeguarding American Workers’ Benefits Act

Higgins, Clay

Safeguarding American Workers' Benefits Act&nbsp;This bill modifies identification requirements for taxpayers claiming the child tax credit and the earned income tax credit. Such taxpayers must provide Social Security account numbers for themselves and for dependent children who have not attained age 17.&nbsp;