H.R.766: Paying a Fair Share Act of 2013

About This Bill

Bill Summary

Paying a Fair Share Act of 2013 - Amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year (tentative fair share tax). Establishes the amount of such tax as the excess (if any) of the tentative fair share tax over the...

(Source: Library of Congress)

Bill Actions

Date Description
Feb. 15, 2013
Referred to the House Committee on Ways and Means.
Feb. 15, 2013

Introduced in the House by David Cicilline (D-R.I.)

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