Tax Equity Act of 201 9 This bill provides for regional cost-of-living adjustments in individual income tax rates. The bill also directs the Department of Labor to determine and publish a cost-of-living index for each statistical area for 2019 and each calendar year thereafter. A "statistical area" is (1) any metropolitan statistical area as defined by the Department of Commerce, and (2) the portion of any state not within a metropolitan statistical area.
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Income tax ratesInflation and prices
Tax Equity Act of 2019
USA116th CongressHR-2272| House
| Updated: 4/10/2019
Tax Equity Act of 201 9 This bill provides for regional cost-of-living adjustments in individual income tax rates. The bill also directs the Department of Labor to determine and publish a cost-of-living index for each statistical area for 2019 and each calendar year thereafter. A "statistical area" is (1) any metropolitan statistical area as defined by the Department of Commerce, and (2) the portion of any state not within a metropolitan statistical area.