HR 589 · 116th Congress · Taxation

Middle Class Savings Act

Introduced 2019-01-16· Sponsored by Rep. Barr, Andy [R-KY-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2019-01-16)

Plain Language Summary

[AI summary unavailable — showing source text] Middle Class Savings Act This bill modifies the tax brackets that apply to taxes on capital gains. The bill aligns the thresholds with the brackets for the regular income tax rates enacted in P.L. 115-97 (commonly known as the Tax Cuts and Jobs Act).…

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

Cosponsors (20)

20 Republicans
Rep. LaMalfa, Doug [R-CA-1]CA
Rep. Carter, Earl L. "Buddy" [R-GA-1]GA
Rep. Bilirakis, Gus M. [R-FL-12]FL
Rep. Babin, Brian [R-TX-36]TX
Rep. Gibbs, Bob [R-OH-7]OH
Rep. Roe, David P. [R-TN-1]TN
Rep. Palmer, Gary J. [R-AL-6]AL
Rep. Holding, George [R-NC-2]NC
Rep. Meuser, Daniel [R-PA-9]PA
Rep. Riggleman, Denver [R-VA-5]VA
Rep. Tipton, Scott R. [R-CO-3]CO
Rep. Murphy, Gregory [R-NC-3]NC
Rep. Mitchell, Paul [R-MI-10]MI
Rep. Bacon, Don [R-NE-2]NE
Rep. Hill, J. French [R-AR-2]AR
Rep. Rutherford, John H. [R-FL-4]FL
Rep. Davidson, Warren [R-OH-8]OH
Rep. Cline, Ben [R-VA-6]VA
Rep. Allen, Rick W. [R-GA-12]GA
Rep. Norman, Ralph [R-SC-5]SC