Middle Class Savings Act
USA116th CongressHR-589| House
| Updated: 1/16/2019
Andy Barr
Republican Representative
Kentucky
Cosponsors (20)
Doug LaMalfa (Republican)Bob Gibbs (Republican)Gregory F. Murphy (Republican)Warren Davidson (Republican)Rick W. Allen (Republican)Earl L. "Buddy" Carter (Republican)J. French Hill (Republican)Gus M. Bilirakis (Republican)Paul Mitchell (Independent)Daniel Meuser (Republican)Don Bacon (Republican)Denver Riggleman (Republican)John H. Rutherford (Republican)Gary J. Palmer (Republican)Ben Cline (Republican)Scott R. Tipton (Republican)George Holding (Republican)Ralph Norman (Republican)David P. Roe (Republican)Brian Babin (Republican)
Ways and Means Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
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).
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Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Taxation
Capital gains taxIncome tax ratesTax administration and collection, taxpayers
Middle Class Savings Act
USA116th CongressHR-589| House
| Updated: 1/16/2019
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).
View Full TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Ways and Means.
Andy Barr
Republican Representative
Kentucky
Cosponsors (20)
Doug LaMalfa (Republican)Bob Gibbs (Republican)Gregory F. Murphy (Republican)Warren Davidson (Republican)Rick W. Allen (Republican)Earl L. "Buddy" Carter (Republican)J. French Hill (Republican)Gus M. Bilirakis (Republican)Paul Mitchell (Independent)Daniel Meuser (Republican)Don Bacon (Republican)Denver Riggleman (Republican)John H. Rutherford (Republican)Gary J. Palmer (Republican)Ben Cline (Republican)Scott R. Tipton (Republican)George Holding (Republican)Ralph Norman (Republican)David P. Roe (Republican)Brian Babin (Republican)
Ways and Means Committee
Taxation
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Capital gains taxIncome tax ratesTax administration and collection, taxpayers