HR 5067
115th Congress
House
Taxation
Budget deficits and national debt
Tax administration and collection, taxpayers
DEMAND Act of 2018
Introduced: February 16, 2018
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 16, 2018
Referred to the House Committee on Ways and Means.
Feb 16, 2018
Introduced in House
Plain-English summary
Donate Extra Money Against National Debt Act of 2018 or the DEMAND Act of 2018
This bill amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1), in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt. Each donation must be designated on a taxpayer's income tax return at the time such return is filed.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1