H.R. 589 · 116th Congress
Middle Class Savings Act
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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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BarrSponsor20 cosponsors · 20 R
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Bilirakis
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Babin
BC
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Carter
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Gibbs
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Holding
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LaMalfa
DM
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Meuser
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Palmer
PR
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Roe
DR
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Riggleman
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Tipton
DB
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Bacon
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Hill
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Mitchell
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Murphy
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Rutherford
WD
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Davidson
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Allen
BC
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Cline
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Norman0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
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 it does: CRS summary · Introduced in House · Jan 16, 2019
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).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Middle Class Savings Act
Latest action (Jan 16, 2019): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: Jan 16, 2019
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.