United States · Bill · HR
H.R. 7400 (118th)
Inflation Relief Act
Introduced
15 February 2024
Last action
—
Status
Referred to the House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
24 July 2024
Summary
Inflation Relief Act This bill allows a refundable income tax credit for 10% of federal tax liability for a taxable year beginning in 2024. The credit is not available to taxpayers whose modified adjusted gross income exceeds $150,000 ($250,000 for joint tax returns) in any taxable year.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 15 February 2024
Introduced in House (PDF)
Introduced in House · EN · 15 February 2024
Introduced in House
summary · EN · 15 February 2024
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/118th-congress/house-bill/7400
- Open data entity: https://api.congress.gov/v3/bill/118/hr/7400