US SB3680 | 2011-2012 | 112th Congress

Status

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on December 13 2012 - 25% progression, died in committee
Action: 2012-12-13 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [PDF]

Summary

2013 Making Working Pay Credit Act - Amends the Internal Revenue Code to: (1) revive in calendar year 2013 the making work pay tax credit, (2) establish the amount of such credit as the lesser of 6.0% of earned income or $800 in a taxable year ($1,600 for married couples filing jointly), and (3) require a reduction of such credit for taxpayers whose modified adjusted gross income exceeds $60,000 ($90,000 for married couples filing jointly).

Tracking Information

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Title

2013 Making Working Pay Credit Act

Sponsors


History

DateChamberAction
2012-12-13SenateRead twice and referred to the Committee on Finance.

Subjects


US Congress State Sources


Bill Comments

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