HR 508 · 107th Congress · Taxation
Worker's Income Tax Credit Act of 2001
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means. (text of measure as introduced: CR E138)(2001-02-07)
Plain Language Summary
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Worker's Income Tax Credit Act of 2001 - Amends the Internal Revenue Code to allow an individual a limited (up to $350) tax credit equal to 6.2 percent of the sum of: (1) an individual's wages, salaries, tips, and other employee compensation includible in gross income; plus (2) the individual's earned income.…
Summarized by Claude AI · Non-partisan · For informational purposes only