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HR 589 116th Congress House Taxation Capital gains tax Income tax rates Tax administration and collection, taxpayers

Middle Class Savings Act

Introduced: January 16, 2019 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 16, 2019
Referred to the House Committee on Ways and Means.
Jan 16, 2019
Introduced in House
 Plain-English summary Congressional Research Service

Middle Class Savings Act

This bill modifies 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 January 16, 2019

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 13
All 13 Republican 13