RAISE Act of 2023

referredUnited States· United States Congress· EN

Introduced

6 April 2023

Last action

6 April 2023 · Introduced

Status

Referred to the House Committee on Ways and Means.

Summary

Rewarding American Investments to Support Employees Act of 2023 or the RAISE Act of 2023 This bill allows employers a tax credit for 10% of the excess of the aggregate amount of wages paid to specified employees (i.e., continuously-employed employees whose earned wages do not exceed $75,000 in a calendar year) in a taxable year, over the aggregate amount of wages paid to such employees during the immediately preceding calendar year. The amount of such credit may not exceed $500,000 for any employer in any taxable year.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

6 April 2023
Introduced
Referred to the House Committee on Ways and Means.
Source: IntroReferral
6 April 2023
Introduced
Introduced in House
Source: IntroReferral
6 April 2023
Introduced
Introduced in House
Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Introduced in House · 6 April 2023 · Download file

Documents

3 official files

Introduced in House (text)

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Introduced in House (text)
Introduced in House · EN · 6 April 2023
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Introduced in House (PDF)
Introduced in House · EN · 6 April 2023
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Introduced in House
summary · EN · 6 April 2023
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Related records

related to ← RAISE Act of 2022

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/118th-congress/house-bill/2527
Open data entity: https://api.congress.gov/v3/bill/118/hr/2527
us · 118-hr-2527 · source updated 24 July 2024