Bill
Bill > S2687
US S2687
Tax Cuts and Jobs Act Official Titles Official Titles - Senate Official Titles as Introduced 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.
summary
Introduced
04/17/2018
04/17/2018
In Committee
04/17/2018
04/17/2018
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
Tax Cuts and Jobs Act Official Titles Official Titles - Senate Official Titles as Introduced 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 several individual tax provisions from the Tax Cuts and Jobs Act, including: making permanent the individual tax rate brackets, the deduction for qualified business income, the limitation on losses for non-corporate taxpayers, the increased standard deduction, the expanded child tax credit, the increased limitation on certain charitable contributions, the treatment of certain individuals performing services in the Sinai Peninsula of Egypt, the reduced medical expense deduction floor, and the limitation on the deduction for state and local taxes and mortgage interest. The bill also repeals the personal exemption, miscellaneous itemized deductions, and the overall limitation on itemized deductions.
Committee Categories
Budget and Finance
Sponsors (2)
Last Action
Read twice and referred to the Committee on Finance. (on 04/17/2018)
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/senate-bill/2687/all-info |
| BillText | https://www.congress.gov/115/bills/s2687/BILLS-115s2687is.pdf |
| Bill | https://www.congress.gov/115/bills/s2687/BILLS-115s2687is.pdf.pdf |
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