To amend the Internal Revenue Code of 1986 to increase the amount of the child tax credit, to make such credit fully refundable, to remove income limitations from such credit, and for other purposes.

HR 1425 would significantly increase the federal child tax credit from $1,000 to $5,000 per qualifying child annually. It makes the credit fully refundable (meaning families with no tax liability can receive the full amount) and removes all income limits that previously restricted eligibility. This change would directly benefit low- and middle-income families with children, ensuring they receive the full credit regardless of earnings. The policy changes would take effect for tax years beginning after December 31, 2024.