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- H.R.5012
H.R.5012: Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018
About This Bill
- Introduced Feb. 14, 2018
- Latest Major Action Feb. 14, 2018
Bill Sponsor
Bill Cosponsors
25 (All Republicans)
Bill Version
- Introduced in House - Feb. 14, 2018
Bill Summary
Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018 This bill excludes up to $2,500 of bonus income received by an employee in 2018 from being considered taxable earnings for the purpose of determining an employee's federal tax liability. The bill defines a "bonus" as wages paid in addition to the compensation ordinarily given, required, optioned, or obligated under an employment contract.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Feb. 14, 2018 |
Referred to the House Committee on Ways and Means.
|
| Feb. 14, 2018 |
Introduced in the House by Todd Rokita (R-Ind.) |