H.R.589: Middle Class Savings Act

About This Bill

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Bill Summary

Middle Class Savings Act This bill modifies the tax brackets that apply to taxes on capital gains. The bill aligns the thresholds with the brackets for the regular income tax rates enacted in P.L. 115-97 (commonly known as the the Tax Cuts and Jobs Act).

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 26 statements associated with H.R.589.

Bill Actions

Date Description
Jan. 16, 2019
Referred to the House Committee on Ways and Means.
Jan. 16, 2019

Introduced in the House by Andy Barr (R-Ky.)

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