HR 2935 · 107th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the highest rate of income tax imposed on individual taxpayers to 39.6 percent, and to deposit the amounts received as a result of such increase into the Social Security trust funds.

Introduced 2001-09-21· Sponsored by Rep. Frank, Barney [D-MA-4]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2001-09-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the highest rate of income tax imposed on individual taxpayers to 39.6 percent, and to appropriate to the social security trust funds the resulting revenue increase.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

20 Democrats
Rep. Matsui, Robert T. [D-CA-5]CA
Rep. Larson, John B. [D-CT-1]CT
Rep. Tierney, John F. [D-MA-6]MA
Rep. McDermott, Jim [D-WA-7]WA
Rep. Solis, Hilda L. [D-CA-31]CA
Rep. Rodriguez, Ciro D. [D-TX-28]TX
Rep. Jackson-Lee, Sheila [D-TX-18]TX
Rep. Obey, David R. [D-WI-7]WI
Rep. Schakowsky, Janice D. [D-IL-9]IL
Rep. Hinchey, Maurice D. [D-NY-26]NY
Rep. McGovern, James P. [D-MA-3]MA
Rep. Abercrombie, Neil [D-HI-1]HI
Rep. DeLauro, Rosa L. [D-CT-3]CT
Rep. Delahunt, William D. [D-MA-10]MA
Rep. Bonior, David E. [D-MI-10]MI
Rep. LaFalce, John J. [D-NY-29]NY
Rep. Jackson, Jesse L., Jr. [D-IL-2]IL
Rep. Blumenauer, Earl [D-OR-3]OR
Rep. Mink, Patsy T. [D-HI-2]HI
Rep. Dingell, John D. [D-MI-16]MI