# 115-hr-4959: Working Families Relief Act of 2018

115-hr-4959, Working Families Relief Act of 2018, is a 115th Congress bill sponsored by Sen. Budd, Ted [R-NC] (R-NC); status Referred to the House Committee on Ways and Means. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-4959
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-4959
- Congress: 115
- Title: Working Families Relief Act of 2018
- Status: Referred to the House Committee on Ways and Means.
- Introduced: 2018-02-07
- Sponsor: Sen. Budd, Ted [R-NC] (R-NC)
- Cosponsors: 0
- Policy area: Taxation
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Working Families Relief Act of 2018 This bill amends the Internal Revenue Code to limit the temporary (for tax years 2018 through 2025) refundable portion of the child tax credit, with respect to any qualifying child, to the greater of: (1) $1,400, or (2) the excess of the taxpayer's Social Security taxes for the year over the credit allowed under the earned income tax credit. (Under current law, the maximum is $1,400, adjusted for inflation after 2018).

## Related bills

- 115-hr-7394: To prohibit the Federal financial regulators from requiring compliance with the accounting standards update of the Financial Accounting Standards Board related…
- 115-hr-7361: To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss on like-kind exchanges of virtual currency.
- 115-hr-7229: Student Rights Act of 2018
- 115-hr-7225: U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018
- 115-hr-7224: Virtual Currency Consumer Protection Act of 2018
- 115-hr-7085: Veterans BOND Act

## Sources
- [115-hr-4959 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/4959)

## Related
- [115-hr-7394: To prohibit the Federal financial regulators from requiring compliance with the…](https://policyrisk.com/legislation/115-hr-7394)
- [115-hr-7361: To amend the Internal Revenue Code of 1986 to allow exclusion of gain or loss o…](https://policyrisk.com/legislation/115-hr-7361)
- [115-hr-7229: Student Rights Act of 2018](https://policyrisk.com/legislation/115-hr-7229)
- [115-hr-7225: U.S. Virtual Currency Market and Regulatory Competitiveness Act of 2018](https://policyrisk.com/legislation/115-hr-7225)
- [115-hr-7224: Virtual Currency Consumer Protection Act of 2018](https://policyrisk.com/legislation/115-hr-7224)
- [115-hr-7085: Veterans BOND Act](https://policyrisk.com/legislation/115-hr-7085)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-4959 (as of 2025-11-18).