House Bill 5067
115th Congress(2017-2018)
DEMAND Act of 2018
Introduced
Introduced in House on Feb 16, 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
5067
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.
No House votes have been held for this bill.
Summary
Donate Extra Money Against National Debt Act of 2018 or the DEMAND Act of 2018
This bill amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1), in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt. Each donation must be designated on a taxpayer's income tax return at the time such return is filed.
February 16, 2018
02/16/2018
Referred to the House Committee on Ways and Means.
02/16/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:40:31 PM