Paying a Fair Share Act of 2013
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Paying a Fair Share Act of 2013 - Amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year (tentative fair share tax). Establishes the amount of such tax as the excess (if any) of the tentative fair share tax over the excess of: (1) the sum of the taxpayer's regular tax liability, the alternative minimum tax (AMT) amount, and the payroll tax for the taxable year; over (2) certain tax credits. Provides for a phase-in of such tax. Requires an inflation adjustment to the $1 million income threshold for taxable years beginning after 2014.
Expresses the sense of the House of Representatives that Congress should enact tax reform that repeals unfair and unnecessary tax loopholes and expenditures, simplifies the tax system, and makes sure that the wealthiest taxpayers pay a fair share of taxes.
Referred to the House Committee on Ways and Means.
- Introduced in House Formatted Text PDF Formatted XML
Cite this page
U.S. Congress. (2026). H.R. 766: Paying a Fair Share Act of 2013. 113th Congress. Open America. https://openamerica.io/bill/113-HR-766/
"H.R. 766: Paying a Fair Share Act of 2013." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-766/.
H.R. 766, 113th Cong. (2026), https://openamerica.io/bill/113-HR-766/.
[H.R. 766: Paying a Fair Share Act of 2013](https://openamerica.io/bill/113-HR-766/)