Bill Detail

H.R. 3936

Congress: 118

Title

Tax Cuts for Working Families Act

Summary

Tax Cuts for Working Families Act This bill renames the standard tax deduction as the guaranteed deduction. It allows an additional bonus amount of $2,000 ($4,000 for married couples filing jointly) in taxable years beginning in 2024 and 2025 but reduces the bonus amount for taxpayers whose modified adjusted gross income exceeds $200,000 ($400,000 for joint filers).

Sponsor

Rep. Jason Smith [R-MO-8]

Status

Placed on the Union Calendar, Calendar No. 101.

Status as of Jun 30, 8:23 AM · synced 21h ago

Introduced

2023-06-09

Data source mode: cache

Bill Engagement