117-hr-7538117th Congress

To provide the equivalent of a 6-month Federal income tax holiday for certain individuals.

Sponsored By: Representative Moore, Barry [R-AL-1]

Unknown

Summary

This bill reduces the income tax of individual taxpayers for taxable years beginning after December 31, 2021, by the six-month federal income tax holiday amount. That amount is 50% of the income tax otherwise imposed and is phased out based upon taxpayer adjusted gross income.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Moore, Barry [R-AL-1]

AL • R

Cosponsors

  • Rep. Higgins, Clay [R-LA-3]

    LA • R

    Sponsored 4/26/2022

Roll Call Votes

No roll call votes available for this bill.

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