HR 5672 · 115th Congress · Taxation

PATCH Act

Introduced 2018-05-01· Sponsored by Rep. Norman, Ralph [R-SC-5]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2018-05-01)

Plain Language Summary

[AI summary unavailable — showing source text] Permanently Amending Tax Cuts for our Heroes Act of 2018 or the PATCH Act This bill amends the Internal Revenue Code to make permanent for members of the Armed Forces several tax provisions that are scheduled to expire at the end of 2025. For individuals who are members of the Armed Forces at the end of the taxable year, the bill makes permanent provisions that: reduce individual tax rates, increase the standard deduction, increase and modify the child tax credit, and increase the limit for deducting certain charitable contributions.…

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