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S 3680 112th Congress Senate Taxation Income tax credits Wages and earnings

2013 Making Working Pay Credit Act

Introduced: December 13, 2012 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 13, 2012
Read twice and referred to the Committee on Finance.
Dec 13, 2012
Introduced in Senate
 Plain-English summary Congressional Research Service

2013 Making Working Pay Credit Act - Amends the Internal Revenue Code to: (1) revive in calendar year 2013 the making work pay tax credit, (2) establish the amount of such credit as the lesser of 6.0% of earned income or $800 in a taxable year ($1,600 for married couples filing jointly), and (3) require a reduction of such credit for taxpayers whose modified adjusted gross income exceeds $60,000 ($90,000 for married couples filing jointly).

What's happening now December 13, 2012

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1