Order Code RS21708 Updated July 15, 2004 - A C R S Report for Congress Jobs and Growth Tax Relief Reconciliation Act: Provisions Expiring in 2004 Gregg Esenwein Specialist in Public Finance Government and Finance Division Summary Child Tax Credit In 2001, the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) increased the child tax credit from $500 to $1,000, with the increase phased-in over the Congressional Research Service Prepared for Members and Committees of Congress