H.R.2935: To amend the Internal Revenue Code of 1986 to increase the highest rate of income tax imposed on individual taxpayers to 39.6 percent, and to deposit the amounts received as a result of such increase into the Social Security trust funds.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced Sept. 21, 2001
  • Latest Major Action Sept. 21, 2001

Bill Summary

Amends the Internal Revenue Code to increase the highest rate of income tax imposed on individual taxpayers to 39.6 percent, and to appropriate to the social security trust funds the resulting revenue increase.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Sept. 21, 2001

Introduced in the House by Barney Frank (D-Mass.)

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