summary
Introduced
01/28/2021
01/28/2021
In Committee
01/28/2021
01/28/2021
Crossed Over
Passed
Dead
01/03/2023
01/03/2023
Introduced Session
117th Congress
Bill Summary
A BILL To amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes.
AI Summary
This bill permanently modifies individual tax rate brackets, extends the deduction for qualified business income of pass-through entities, extends the limitation on losses for taxpayers other than corporations, permanently increases and modifies the child tax credit, permanently extends the limitation on deduction for state and local taxes, permanently extends the limitation on deduction for qualified residence interest, and makes other permanent changes to provisions of the Internal Revenue Code enacted in the 2017 tax reform law.
Committee Categories
Budget and Finance
Sponsors (4)
Last Action
Read twice and referred to the Committee on Finance. (on 01/28/2021)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/senate-bill/126/all-info |
| BillText | https://www.congress.gov/117/bills/s126/BILLS-117s126is.pdf |
| Bill | https://www.congress.gov/117/bills/s126/BILLS-117s126is.pdf.pdf |
Loading...