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- H.R.508
H.R.508: Worker's Income Tax Credit Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced Feb. 7, 2001
- Latest Major Action Feb. 7, 2001
Bill Sponsor
Bill Cosponsors
5 (All Democrats)
Bill Summary
Worker's Income Tax Credit Act of 2001 - Amends the Internal Revenue Code to allow an individual a limited (up to $350) tax credit equal to 6.2 percent of the sum of: (1) an individual's wages, salaries, tips, and other employee compensation includible in gross income; plus (2) the individual's earned income.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| Feb. 7, 2001 |
Introduced in the House by John J. LaFalce (D-N.Y.) |