US SB129 | 2025-2026 | 119th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 7-2)
Status: Introduced on January 16 2025 - 25% progression
Action: 2025-01-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Status: Introduced on January 16 2025 - 25% progression
Action: 2025-01-16 - Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Summary
A bill to amend the Internal Revenue Code of 1986 to eliminate the application of the income tax on qualified tips through a deduction allowed to all individual taxpayers, and for other purposes.
Title
A bill to amend the Internal Revenue Code of 1986 to eliminate the application of the income tax on qualified tips through a deduction allowed to all individual taxpayers, and for other purposes.
Sponsors
| Sen. Ted Cruz [R-TX] | Sen. Steve Daines [R-MT] | Sen. Jacky Rosen [D-NV] | Sen. Pete Ricketts [R-NE] |
| Sen. Catherine Cortez Masto [D-NV] | Sen. Josh Hawley [R-MO] | Sen. Rick Scott [R-FL] | Sen. Kevin Cramer [R-ND] |
| Sen. Roger Marshall [R-KS] |
History
| Date | Chamber | Action |
|---|---|---|
| 2025-01-16 | Senate | Read twice and referred to the Committee on Finance. |
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/119th-congress/senate-bill/129/all-info |
