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Middle Class Savings Act

USA117th CongressHR-3265| House 
| Updated: 5/17/2021
Andy Barr

Andy Barr

Republican Representative

Kentucky

Cosponsors (12)
Doug LaMalfa (Republican)Jake LaTurner (Republican)Warren Davidson (Republican)Rick W. Allen (Republican)Daniel Meuser (Republican)John H. Rutherford (Republican)Gary J. Palmer (Republican)Lisa C. McClain (Republican)Debbie Lesko (Republican)Ben Cline (Republican)Ralph Norman (Republican)Bill Johnson (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

Bill from Previous Congress

HR 116-589
Middle Class Savings Act
May 17, 2021
Introduced in House
May 17, 2021
Referred to the House Committee on Ways and Means.

  • Bill from Previous Congress

    HR 116-589
    Middle Class Savings Act
  • May 17, 2021
    Introduced in House
  • May 17, 2021
    Referred to the House Committee on Ways and Means.

Taxation

Capital gains taxIncome tax ratesTax administration and collection, taxpayers

Middle Class Savings Act

USA117th CongressHR-3265| House 
| Updated: 5/17/2021
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 Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline

Bill from Previous Congress

HR 116-589
Middle Class Savings Act
May 17, 2021
Introduced in House
May 17, 2021
Referred to the House Committee on Ways and Means.

  • Bill from Previous Congress

    HR 116-589
    Middle Class Savings Act
  • May 17, 2021
    Introduced in House
  • May 17, 2021
    Referred to the House Committee on Ways and Means.
Andy Barr

Andy Barr

Republican Representative

Kentucky

Cosponsors (12)
Doug LaMalfa (Republican)Jake LaTurner (Republican)Warren Davidson (Republican)Rick W. Allen (Republican)Daniel Meuser (Republican)John H. Rutherford (Republican)Gary J. Palmer (Republican)Lisa C. McClain (Republican)Debbie Lesko (Republican)Ben Cline (Republican)Ralph Norman (Republican)Bill Johnson (Republican)

Ways and Means Committee

Taxation

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Capital gains taxIncome tax ratesTax administration and collection, taxpayers