summary
Introduced
01/11/2018
01/11/2018
In Committee
01/11/2018
01/11/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Transparency for Taxpayers Act This bill requires the Department of the Treasury to make publicly available by April 1, 2018, an online tool that allows taxpayers (other than corporations) to calculate the approximate change in taxpayer income tax liability by reason of P.L. 115-97 (commonly known as the Tax Cuts and Jobs Act).
AI Summary
This bill, the Transparency for Taxpayers Act, requires the Department of the Treasury to make publicly available by April 1, 2018, an online tool that allows individual taxpayers (not corporations) to calculate an approximate change in their income tax liability resulting from the Tax Cuts and Jobs Act (P.L. 115-97). The tool will take into account factors such as the taxpayer's filing status, income, number of dependents, and certain deductions, and provide a simplified estimate of the taxpayer's 2017 income tax liability as if the 2018 changes had applied. The bill also requires the Secretary of the Treasury to publicize the availability of this online tool.
Committee Categories
Budget and Finance
Sponsors (17)
Thomas MacArthur (R)*,
Don Bacon (R),
Warren Davidson (R),
Rodney Davis (R),
John Faso (R),
Matt Gaetz (R),
Tom Garrett (R),
Bob Gibbs (R),
Randy Hultgren (R),
Bill Johnson (R),
Jim Jordan (R),
Blaine Luetkemeyer (R),
Roger Marshall (R),
Mark Meadows (R),
Alex Mooney (R),
John Rutherford (R),
Steve Stivers (R),
Last Action
Referred to the House Committee on Ways and Means. (on 01/11/2018)
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/115th-congress/house-bill/4780/all-info |
| BillText | https://www.congress.gov/115/bills/hr4780/BILLS-115hr4780ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr4780/BILLS-115hr4780ih.pdf.pdf |
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