H.R. 3746 · 112th Congress
Tax Cuts for the Middle Class Act
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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
Tax Cuts for the Middle Class Act - Reduces by 2% employment tax rates for employees and self-employment tax rates in calendar year 2012 (payroll tax holiday period).
What it does: CRS summary · Introduced in House · Dec 20, 2011
Tax Cuts for the Middle Class Act - Reduces by 2% employment tax rates for employees and self-employment tax rates in calendar year 2012 (payroll tax holiday period).
Appropriates funds from the Treasury to the Federal Old-Age and Survivors Trust Fund and the Federal Disability Insurance Trust Fund established by title II (Old-Age, Survivors, and Disability Insurance) of the Social Security Act and the Social Security Equivalent Benefit Account established by the Railroad Retirement Act of 1974 to compensate for any revenue loss to such funds resulting from the tax rate reductions of this Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Tax Cuts for the Middle Class Act
Latest action (Dec 20, 2011): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Dec 20, 2011
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.