summary
Introduced
09/20/2022
09/20/2022
In Committee
09/20/2022
09/20/2022
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 certain provisions of the Tax Cuts and Jobs Act affecting individuals, families, and small businesses, and for other purposes.
AI Summary
This bill, the TCJA Permanency Act, makes permanent certain provisions of the Tax Cuts and Jobs Act (TCJA) that affect individuals, families, and small businesses. Specifically, it permanently extends the individual income tax rate structure, the deduction for qualified business income, the increased standard deduction and child tax credit, and other changes to deductions and exclusions. The bill also permanently increases the exemption amount for the alternative minimum tax. Overall, this legislation aims to make many of the individual and small business tax changes from the 2017 TCJA law permanent rather than allowing them to expire as originally enacted.
Committee Categories
Budget and Finance
Sponsors (121)
Vern Buchanan (R)*,
Mark Amodei (R),
Jodey Arrington (R),
Brian Babin (R),
Don Bacon (R),
Troy Balderson (R),
Jim Banks (R),
Andy Barr (R),
Stephanie Bice (R),
Gus Bilirakis (R),
Mike Bost (R),
Kevin Brady (R),
Larry Bucshon (R),
Ted Budd (R),
Michael Burgess (R),
Kat Cammack (R),
Mike Carey (R),
Buddy Carter (R),
John Carter (R),
David Cawthorn (R),
Steve Chabot (R),
Tom Cole (R),
Connie Conway (R),
Rick Crawford (R),
Dan Crenshaw (R),
John Curtis (R),
Mario Diaz-Balart (R),
Byron Donalds (R),
Neal Dunn (R),
Jake Ellzey (R),
Tom Emmer (R),
Ron Estes (R),
Pat Fallon (R),
Randy Feenstra (R),
Drew Ferguson (R),
Brad Finstad (R),
Michelle Fischbach (R),
Chuck Fleischmann (R),
Scott Franklin (R),
Russ Fulcher (R),
Matt Gaetz (R),
Bob Gibbs (R),
Carlos Giménez (R),
Louie Gohmert (R),
Bob Good (R),
Lance Gooden (R),
Paul Gosar (R),
Kay Granger (R),
Garret Graves (R),
Marjorie Taylor Greene (R),
Michael Guest (R),
Diana Harshbarger (R),
Kevin Hern (R),
Clay Higgins (R),
French Hill (R),
Ashley Hinson (R),
Richard Hudson (R),
Ronny Jackson (R),
Bill Johnson (R),
Dusty Johnson (R),
Jim Jordan (R),
Dave Joyce (R),
Fred Keller (R),
Mike Kelly (R),
Trent Kelly (R),
David Kustoff (R),
Darin LaHood (R),
Doug LaMalfa (R),
Doug Lamborn (R),
Bob Latta (R),
Jake LaTurner (R),
Julia Letlow (R),
Tracey Mann (R),
Brian Mast (R),
Michael McCaul (R),
Lisa McClain (R),
Tom McClintock (R),
David McKinley (R),
Dan Meuser (R),
Carol Miller (R),
Mariannette Miller-Meeks (R),
John Moolenaar (R),
Alex Mooney (R),
Blake Moore (R),
Markwayne Mullin (R),
Greg Murphy (R),
Dan Newhouse (R),
Ralph Norman (R),
Burgess Owens (R),
Steven Palazzo (R),
Gary Palmer (R),
Greg Pence (R),
Scott Perry (R),
August Pfluger (R),
Bill Posey (R),
Guy Reschenthaler (R),
Tom Rice (R),
David Rouzer (R),
John Rutherford (R),
María Salazar (R),
Steve Scalise (R),
Austin Scott (R),
Joseph Sempolinski (R),
Michelle Steel (R),
Elise Stefanik (R),
Bryan Steil (R),
Greg Steube (R),
Van Taylor (R),
Claudia Tenney (R),
G.T. Thompson (R),
William Timmons (R),
Jeff Van Drew (R),
Beth Van Duyne (R),
Ann Wagner (R),
Tim Walberg (R),
Michael Waltz (R),
Randy Weber (R),
Daniel Webster (R),
Brad Wenstrup (R),
Roger Williams (R),
Rob Wittman (R),
Last Action
Referred to the House Committee on Ways and Means. (on 09/20/2022)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/117th-congress/house-bill/8913/all-info |
| BillText | https://www.congress.gov/117/bills/hr8913/BILLS-117hr8913ih.pdf |
| Bill | https://www.congress.gov/117/bills/hr8913/BILLS-117hr8913ih.pdf.pdf |
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