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117-hr-8214117th Congress

PERCENTS Act of 2022

Sponsored By: Representative Schweikert, David [R-AZ-1]

Unknown

Summary

Permanent Extension of Rate Cuts and Extension of National Tax Simplification Act of 2022 or the PERCENTS Act of 2022 This bill makes permanent provisions in Public Law 115-97 (also known as the Tax Cuts and Jobs Act) relating to individual taxpayers, including the modification of individual income and capital gains tax rates and the increased exemption for the alternative minimum tax. It also increases the standard tax deduction and repeals the limitation on itemized tax deductions.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Schweikert, David [R-AZ-1]

AZ • R

Cosponsors

  • Rep. Rice, Tom [R-SC-7]

    SC • R

    Sponsored 6/23/2022

  • Rep. Walorski, Jackie [R-IN-2]

    IN • R

    Sponsored 6/23/2022

  • Rep. Wenstrup, Brad R. [R-OH-2]

    OH • R

    Sponsored 6/23/2022

  • Rep. Ferguson, A. Drew, IV [R-GA-3]

    GA • R

    Sponsored 6/23/2022

  • Rep. Kustoff, David [R-TN-8]

    TN • R

    Sponsored 6/23/2022

  • Rep. Miller, Carol D. [R-WV-1]

    WV • R

    Sponsored 6/23/2022

  • Rep. Hern, Kevin [R-OK-1]

    OK • R

    Sponsored 6/23/2022

  • Rep. Smith, Adrian [R-NE-3]

    NE • R

    Sponsored 6/23/2022

  • Rep. LaHood, Darin [R-IL-16]

    IL • R

    Sponsored 6/23/2022

  • Rep. Smith, Jason [R-MO-8]

    MO • R

    Sponsored 6/23/2022

  • Rep. Murphy, Gregory F. [R-NC-3]

    NC • R

    Sponsored 6/23/2022

  • Rep. Arrington, Jodey C. [R-TX-19]

    TX • R

    Sponsored 6/23/2022

  • Rep. Smucker, Lloyd [R-PA-11]

    PA • R

    Sponsored 7/11/2022

  • Rep. Buchanan, Vern [R-FL-16]

    FL • R

    Sponsored 7/11/2022

Roll Call Votes

No roll call votes available for this bill.

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