HR 6760
115th Congress
House
Taxation
Bank accounts, deposits, capital
Capital gains tax
Charitable contributions
Commuting
Disability and paralysis
Egypt
Gambling
Health care costs and insurance
Housing finance and home ownership
Income tax credits
Income tax deductions
Income tax deferral
Income tax exclusion
Income tax rates
Interest, dividends, interest rates
Marriage and family status
Middle East
Military personnel and dependents
Pedestrians and bicycling
Protecting Family and Small Business Tax Cuts Act of 2018
Introduced: September 10, 2018
See on congress.gov
Everywhere this bill has been
22 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 1, 2018
Received in the Senate and Read twice and referred to the Committee on Finance.
Sep 28, 2018
Motion to reconsider laid on the table Agreed to without objection.
Sep 28, 2018
On passage Passed by the Yeas and Nays: 220 - 191 (Roll no. 414).
Sep 28, 2018
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 220 - 191 (Roll no. 414).
Sep 28, 2018
On motion to recommit with instructions Failed by the Yeas and Nays: 184 - 226 (Roll no. 413).
Sep 28, 2018
Considered as unfinished business. (consideration: CR H9256)
Sep 28, 2018
POSTPONED PROCEEDINGS - At the conclusion of debate on the Larson (CT) motion to recommit with instructions, the Chair put the question on the motion to recommit, and announced by voice vote that the noes had prevailed. Mr. Larson (CT) demanded the yeas and nays, and the Chair postponed further proceedings on the motion to recommit until later in the legislative day.
Sep 28, 2018
The previous question on the motion to recommit with instructions was ordered without objection.
Sep 28, 2018
DEBATE - The House proceeded with 10 minutes of debate on the Larson (CT) motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add at the end the following new title: Title III - Effective Date; "Protect Medicare and Social Security Trust Funds Act of 2018"
Sep 28, 2018
Mr. Larson (CT) moved to recommit with instructions to the Committee on Ways and Means. (text: CR H9172-9173)
Sep 28, 2018
The previous question was ordered pursuant to the rule.
Sep 28, 2018
DEBATE - The House proceeded with one hour of debate on H.R. 6760.
Sep 28, 2018
Rule provides for consideration of H.R. 6756, H.R. 6757 and H.R. 6760.
Sep 28, 2018
Considered under the provisions of rule H. Res. 1084. (consideration: CR H9158-9174; text of amendment in the nature of a substitute: CR H9158-9165)
Sep 27, 2018
Rule H. Res. 1084 passed House.
Sep 26, 2018
Rules Committee Resolution H. Res. 1084 Reported to House. Rule provides for consideration of H.R. 6756, H.R. 6757 and H.R. 6760.
Sep 24, 2018
Placed on the Union Calendar, Calendar No. 746.
Sep 24, 2018
Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-958.
Sep 13, 2018
Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 21 - 15.
Sep 13, 2018
Committee Consideration and Mark-up Session Held.
Sep 10, 2018
Referred to the House Committee on Ways and Means.
Sep 10, 2018
Introduced in House
Votes taken on this bill
2
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Sep 28, 2018 | House · vote #414 | On Passage | Passed | 220–191 | See who voted → |
| Sep 28, 2018 | House · vote #413 | On Motion to Recommit with Instructions | Failed | 184–226 | See who voted → |
Plain-English summary
Protecting Family and Small Business Tax Cuts Act of 2018
This bill amends the Internal Revenue Code to make permanent several tax provisions that were enacted in 2017 and are scheduled to expire at the end of 2025.
The bill makes permanent provisions that:
- reduce individual tax rates,
- modify the taxation of the unearned income of children,
- allow a deduction for qualified business income of pass-through entities,
- increase the standard deduction,
- increase and modify the child tax credit,
- increase the limitation for certain charitable contributions,
- allow additional contributions to ABLE accounts (tax-favored accounts designed to enable individuals with disabilities to save for and pay for disability-related expenses),
- allow certain members of the Armed Forces in the Sinai Peninsula of Egypt to receive combat zone tax benefits,
- exclude from gross income discharges of student loan debt due to the death or disability of the student,
- repeal the deduction for personal exemptions,
- limit individual deductions for state and local taxes,
- limit the mortgage interest deduction,
- double the estate and gift tax exemption amount,
- increase the alternative minimum tax exemption amount for individuals, and
- repeal or limit several other deductions and exclusions.
The bill also:
- extends through 2020 the reduction in the adjusted gross income threshold for the medical expense deduction,
- modifies the capital gains tax brackets, and
- modifies tax filing requirements for married taxpayers.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Finance.
Committees of jurisdiction
2