HR 3265
117th Congress
House
Taxation
Capital gains tax
Income tax rates
Tax administration and collection, taxpayers
Middle Class Savings Act
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 17, 2021
Referred to the House Committee on Ways and Means.
May 17, 2021
Introduced in House
Plain-English summary
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
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1