US HB990 | 2025-2026 | 119th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Status: Introduced on February 5 2025 - 25% progression
Action: 2025-02-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Summary
To amend the Internal Revenue Code of 1986 to allow individuals to avoid a penalty for failure to pay income tax by timely paying 125 percent of the income tax liability for the prior year.
Title
To amend the Internal Revenue Code of 1986 to allow individuals to avoid a penalty for failure to pay income tax by timely paying 125 percent of the income tax liability for the prior year.
Sponsors
Rep. Judy Chu [D-CA] | Rep. Mike Carey [R-OH] |
History
Date | Chamber | Action |
---|---|---|
2025-02-05 | House | Referred to the House Committee on Ways and Means. |
2025-02-05 | House | Introduced in House |
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/119th-congress/house-bill/990/all-info |