HR 6179 115th Congress House Taxation Capital gains tax Income tax rates Tax administration and collection, taxpayers

Middle Class Savings Act

Introduced: June 21, 2018 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov

Everywhere this bill has been 2 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jun 21, 2018

Referred to the House Committee on Ways and Means.

Jun 21, 2018

Introduced in House

Plain-English summary Congressional Research Service

Middle Class Savings Act

This bill amends the Internal Revenue Code to modify 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).

What's happening now June 21, 2018

Referred to the House Committee on Ways and Means.

Committees of jurisdiction 1