A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes.

Summary

This bill makes permanent several tax provisions for individual taxpayers that were enacted by the Tax Cuts and Jobs Act of 2017 and are scheduled to expire at the end of 2025. These provisions include reduction of individual income tax rates, increase in the child tax credit, limitations on the tax deduction for state and local taxes and the mortgage interest deduction, and increase in the exemption amount for estate and gift taxes.

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

Timeline

1. 28 January 2021

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 28 January 2021

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 28 January 2021 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 28 January 2021

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 28 January 2021

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in Senate

  summary · EN · 28 January 2021

  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

• Sen. Cruz, Ted [R-TX] · R · Sponsor
• Sen. Ernst, Joni [R-IA] · R · Sponsor
• Sen. Braun, Mike [R-IN] · R · Sponsor
• Sen. Inhofe, James M. [R-OK] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to ← Main Street Tax Certainty Act
• related to ← Main Street Tax Certainty Act
• related to ← Surface Transportation Reauthorization Act of 2021
• related to ← A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes.