HOUSE 589116th CongressReferred to the House Committee on Ways and Means.
Middle Class Savings Act
- Last Action
- 1/16/2019
Actions
- 2019-01-16Referred to the House Committee on Ways and Means.
- 2019-01-16Introduced in House
- 2019-01-16Introduced in House
CRS Summary
As of 2019-01-16 (00)
Middle Class Savings Act
This bill modifies the tax brackets that apply to taxes on capital gains. The bill aligns the thresholds with the brackets for the regular income tax rates enacted in P.L. 115-97 (commonly known as the Tax Cuts and Jobs Act).
Cosponsors (20)
- Doug LaMalfa (R-CA)
- Earl Carter (R-GA)
- Gus Bilirakis (R-FL)
- Brian Babin (R-TX)
- Bob Gibbs (R-OH)
- David Roe (R-TN)
- Gary Palmer (R-AL)
- George Holding (R-NC)
- Daniel Meuser (R-PA)
- Denver Riggleman (R-VA)
- Scott Tipton (R-CO)
- Gregory Murphy (R-NC)
- Paul Mitchell (R-MI)
- Don Bacon (R-NE)
- J. Hill (R-AR)
- John Rutherford (R-FL)
- Warren Davidson (R-OH)
- Ben Cline (R-VA)
- Rick Allen (R-GA)
- Ralph Norman (R-SC)
Subjects
- Capital gains tax
- Income tax rates
- Tax administration and collection, taxpayers
Sourced from Congress.gov (public domain).
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