Skip to main content
S 2078 116th Congress Senate Taxation Alaska Income tax rates Interest, dividends, interest rates State and local finance Tax treatment of families

A bill to amend the Internal Revenue Code of 1986 to treat Alaska Permanent Fund dividends as earned income for purposes of the kiddie tax.

Introduced: July 10, 2019 Introduced by: Murkowski, Lisa Republican · Alaska See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 10, 2019
Read twice and referred to the Committee on Finance.
Jul 10, 2019
Introduced in Senate
 Plain-English summary Congressional Research Service

This bill treats dividends paid to children from the Alaska Permanent Fund as earned income, not subject to the "kiddie tax" which taxes income of children as unearned income subject to the parent's marginal tax rate.

What's happening now July 10, 2019

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1