US HB5012 | 2017-2018 | 115th Congress

Status

Spectrum: Partisan Bill (Republican 26-0)
Status: Introduced on February 14 2018 - 25% progression, died in committee
Action: 2018-02-14 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]

Summary

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.

Tracking Information

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Title

Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018

Sponsors


History

DateChamberAction
2018-02-14HouseReferred to the House Committee on Ways and Means.
2018-02-14HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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