US HB4233 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 2-0)
Status: Introduced on November 2 2017 - 25% progression, died in committee
Action: 2017-11-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 2 2017 - 25% progression, died in committee
Action: 2017-11-02 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Improper Tax Payments Reduction Act of 2017 This bill amends the Internal Revenue Code, with respect to the earned income tax credit, to: (1) specify that a taxpayer must claim all allowable deductions when determining net earnings from self-employment, (2) require employers who report wages to include the name and address of each employee and the amount of reportable wages received by each of those employees, and (3) limit earned income to amounts substantiated by the taxpayer on statements furnished or returns filed under third-party information reporting requirements or amounts substantiated by the taxpayer's books and records.
Title
Improper Tax Payments Reduction Act of 2017
Sponsors
Rep. James Renacci [R-OH] | Rep. Tom Rice [R-SC] |
Roll Calls
Senate - On Passage of the Bill H.R. 1 (Y: 51 N: 49 NV: 0 Abs: 0) [PASS]
History
Date | Chamber | Action |
---|---|---|
2017-11-02 | House | Referred to the House Committee on Ways and Means. |
2017-11-02 | House | Introduced in House |
Same As/Similar To
HB1 (Related) 2017-12-22 - Became Public Law No: 115-97. (TXT | PDF)
HR619 (Similar To) 2017-11-15 - Motion to reconsider laid on the table Agreed to without objection.
HR619 (Similar To) 2017-11-15 - Motion to reconsider laid on the table Agreed to without objection.
Subjects
Fraud offenses and financial crimes
Income tax credits
Income tax deductions
Poverty and welfare assistance
Tax administration and collection, taxpayers
Taxation
Wages and earnings
Income tax credits
Income tax deductions
Poverty and welfare assistance
Tax administration and collection, taxpayers
Taxation
Wages and earnings