H.R.1327 - Family Tax Relief Act of 1997105th Congress (1997-1998)
Summary: H.R.1327 — 105th Congress (1997-1998)
Introduced in House (04/15/1997)
Family Tax Relief Act of 1997 - Amends the Internal Revenue Code to establish a credit of $500 multiplied by the number of qualifying children (under the age of 18) of a taxpayer. Reduces such credit if the taxpayer's income exceeds a threshold amount.