United States · Bill · HR
H.R. 7538 (117th)
To provide the equivalent of a 6-month Federal income tax holiday for certain individuals.
Introduced
18 April 2022
Last action
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Status
Sponsor introductory remarks on measure. (CR H4519)
Sponsors
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Subjects
Discovery layer
Source updated
7 February 2024
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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Versions
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 18 April 2022
Introduced in House (PDF)
Introduced in House · EN · 18 April 2022
Introduced in House
summary · EN · 18 April 2022
Sponsors
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/house-bill/7538
- Open data entity: https://api.congress.gov/v3/bill/117/hr/7538