Legislators
Bills
Statements
Lobbying
Travel
- Bills
- S.1726
S.1726: Paying a Fair Share Act of 2019
About This Bill
- Introduced June 5, 2019
- Latest Major Action June 5, 2019
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
15 (All Democrats)
Bill Version
- Introduced in Senate - June 5, 2019
Bill Summary
Paying a Fair Share Act of 2019 This bill requires 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). The amount of the tax is the excess (if any) of the tentative fair share tax over the excess of (1) the...
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
June 5, 2019 |
Read twice and referred to the Committee on Finance.
|
June 5, 2019 |
Introduced in the Senate by Sheldon Whitehouse (D-R.I.) |