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- H.R.362
H.R.362: Paying a Fair Share Act of 2015
About This Bill
- Introduced Jan. 14, 2015
- Latest Major Action Jan. 14, 2015
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
21 (All Democrats)
Bill Summary
Paying a Fair Share Act of 2015 Amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million (high-income taxpayer) 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...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Jan. 14, 2015 |
Referred to the House Committee on Ways and Means.
|
| Jan. 14, 2015 |
Introduced in the House by David Cicilline (D-R.I.) |