PERCENTS Act of 2022

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.

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

Timeline

1. 23 June 2022

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 23 June 2022

   Introduced

   Introduced in House

   Source: IntroReferral

3. 23 June 2022

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 23 June 2022 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 23 June 2022

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 23 June 2022

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 23 June 2022

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Schweikert, David [R-AZ-1] · R · Sponsor
• Rep. Rice, Tom [R-SC-7] · R · Sponsor
• Rep. Walorski, Jackie [R-IN-2] · R · Sponsor
• Rep. Wenstrup, Brad R. [R-OH-2] · R · Sponsor
• Rep. Ferguson, A. Drew, IV [R-GA-3] · R · Sponsor
• Rep. Kustoff, David [R-TN-8] · R · Sponsor
• Rep. Miller, Carol D. [R-WV-1] · R · Sponsor
• Rep. Hern, Kevin [R-OK-1] · R · Sponsor
• Rep. Smith, Adrian [R-NE-3] · R · Sponsor
• Rep. LaHood, Darin [R-IL-16] · R · Sponsor
• Rep. Smith, Jason [R-MO-8] · R · Sponsor
• Rep. Murphy, Gregory F. [R-NC-3] · R · Sponsor
• Rep. Arrington, Jodey C. [R-TX-19] · R · Sponsor
• Rep. Smucker, Lloyd [R-PA-11] · R · Cosponsor
• Rep. Buchanan, Vern [R-FL-16] · R · Cosponsor
• · hswm00 · Standing

Related records

• related to → Protecting Family and Small Business Tax Cuts Act of 2022
• related to ← TCJA Permanency Act