S 3680 · 112th Congress · Taxation

2013 Making Working Pay Credit Act

Introduced 2012-12-13· Sponsored by Sen. Harkin, Tom [D-IA]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2012-12-13)

Plain Language Summary

[AI summary unavailable — showing source text] 2013 Making Working Pay Credit Act - Amends the Internal Revenue Code to: (1) revive in calendar year 2013 the making work pay tax credit, (2) establish the amount of such credit as the lesser of 6.0% of earned income or $800 in a taxable year ($1,600 for married couples filing jointly), and (3) require a reduction of such credit for taxpayers whose modified adjusted gross income exceeds $60,000 ($90,000 for married couples filing jointly).…

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

Cosponsors (2)

1 Democrat1 Independent
Sen. Udall, Tom [D-NM]NM
Sen. Sanders, Bernard [I-VT]VT