Phase-in changes to individual income tax rates and brackets. (FE)

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AI Summary: The bill proposes gradual adjustments to individual income tax rates and brackets. This would likely impact how much individuals pay in federal income taxes over time as the changes are implemented. The purpose of the bill is to potentially modify the current tax structure to better align with certain policy goals or economic conditions.

Latest Action: Introduced

Comments Contributions Actions (5) Sponsors (12) Cosponsors (0) Text Versions (1) Roll Calls (0) Amendments (0) View All

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Actions (5):

  • 2023-05-08 : Introduced

  • 2023-05-08 : Read first time and referred to Committee on Ways and Means

  • 2023-05-11 : Representative Kitchens added as a coauthor

  • 2023-05-23 : Fiscal estimate received

  • 2024-04-15 : Failed to pass pursuant to Senate Joint Resolution 1

Text Versions (1):