HR 5012 · 115th Congress · Taxation
Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2018-02-14)
Plain Language Summary
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Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018 This bill excludes up to $2,500 of bonus income received by an employee in 2018 from being considered taxable earnings for the purpose of determining an employee's federal tax liability. The bill defines a "bonus" as wages paid in addition to the compensation ordinarily given, required, optioned, or obligated under an employment contract.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
20 Republicans