House Bill 6179
115th Congress(2017-2018)
Middle Class Savings Act
Introduced
Introduced in House on Jun 21, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
6179
Congress
115
Policy Area
Taxation
Taxation
Primary focus of measure is all aspects of income, excise, property, inheritance, and employment taxes; tax administration and collection. Measures concerning state and local finance may fall under Economics and Public Finance policy area.
Andy Barr
grade
Kentucky
Alabama
Florida
Georgia
Georgia
Louisiana
Michigan
North Carolina
Ohio
South Carolina
South Carolina
Texas
Texas
Texas
No House votes have been held for this bill.
Summary
Middle Class Savings Act
This bill amends the Internal Revenue Code to modify 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).
June 21, 2018
06/21/2018
Referred to the House Committee on Ways and Means.
06/21/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:42:19 PM