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- H.R.8214
H.R.8214: Permanent Extension of Rate Cuts and Extension of National Tax Simplification Act of 2022
About This Bill
- Introduced June 23, 2022
- Latest Major Action June 23, 2022
Bill Sponsor
Bill Cosponsors
14 (All Republicans)
Bill Version
- Introduced in House - June 23, 2022
Bill Summary
Permanent Extension of Rate Cuts and Extension of National Tax Simplification Act of 2022 or the PERCENTS Act of 2022 This bill makes permanent provisions in Public Law 115-97 (also known as the Tax Cuts and Jobs Act) relating to individual taxpayers, including the modification of individual income and capital gains tax rates and the increased exemption for the alternative minimum tax. It also increases the standard tax deduction and repeals...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| June 23, 2022 |
Referred to the House Committee on Ways and Means.
|
| June 23, 2022 |
Introduced in the House by David Schweikert (R-Ariz.) |