US HB6760 | 2017-2018 | 115th Congress
Status
Sponsorship: Partisan Bill (Republican 41)
Status: Engrossed on October 1 2018 - 50% progression, died in committee
Action: 2018-10-01 - Received in the Senate and Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Engrossed) [PDF]
Status: Engrossed on October 1 2018 - 50% progression, died in committee
Action: 2018-10-01 - Received in the Senate and Read twice and referred to the Committee on Finance.
Pending: Senate Finance Committee
Text: Latest bill text (Engrossed) [PDF]
Summary
Protecting Family and Small Business Tax Cuts Act of 2018 This bill amends the Internal Revenue Code to make permanent several tax provisions that were enacted in 2017 and are scheduled to expire at the end of 2025. The bill makes permanent provisions that: reduce individual tax rates, modify the taxation of the unearned income of children, allow a deduction for qualified business income of pass-through entities, increase the standard deduction, increase and modify the child tax credit, increase the limitation for certain charitable contributions, allow additional contributions to ABLE accounts (tax-favored accounts designed to enable individuals with disabilities to save for and pay for disability-related expenses), allow certain members of the Armed Forces in the Sinai Peninsula of Egypt to receive combat zone tax benefits, exclude from gross income discharges of student loan debt due to the death or disability of the student, repeal the deduction for personal exemptions, limit individual deductions for state and local taxes, limit the mortgage interest deduction, double the estate and gift tax exemption amount, increase the alternative minimum tax exemption amount for individuals, and repeal or limit several other deductions and exclusions. The bill also: extends through 2020 the reduction in the adjusted gross income threshold for the medical expense deduction, modifies the capital gains tax brackets, and modifies tax filing requirements for married taxpayers.
Title
Protecting Family and Small Business Tax Cuts Act of 2018
Sponsors
Roll Calls
2018-09-28 - House - On motion to recommit with instructions RC# 413 (Y: 184 N: 226 NV: 18 Abs: 0) [FAIL]
2018-09-28 - House - On passage RC# 414 (Y: 220 N: 191 NV: 18 Abs: 0) [PASS]
2018-09-28 - House - On passage RC# 414 (Y: 220 N: 191 NV: 18 Abs: 0) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2018-10-01 | Senate | Received in the Senate and Read twice and referred to the Committee on Finance. |
| 2018-09-28 | House | Motion to reconsider laid on the table Agreed to without objection. |
| 2018-09-28 | House | On passage Passed by the Yeas and Nays: 220 - 191 (Roll no. 414). |
| 2018-09-28 | House | On motion to recommit with instructions Failed by the Yeas and Nays: 184 - 226 (Roll no. 413). |
| 2018-09-28 | House | Considered as unfinished business. (consideration: CR H9256) |
| 2018-09-28 | House | POSTPONED PROCEEDINGS - At the conclusion of debate on the Larson (CT) motion to recommit with instructions, the Chair put the question on the motion to recommit, and announced by voice vote that the noes had prevailed. Mr. Larson (CT) demanded the yeas and nays, and the Chair postponed further proceedings on the motion to recommit until later in the legislative day. |
| 2018-09-28 | House | The previous question on the motion to recommit with instructions was ordered without objection. |
| 2018-09-28 | House | DEBATE - The House proceeded with 10 minutes of debate on the Larson (CT) motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to add at the end the following new title: Title III - Effective Date; "Protect Medicare and Social Security Trust Funds Act of 2018" |
| 2018-09-28 | House | Mr. Larson (CT) moved to recommit with instructions to the Committee on Ways and Means. (text: CR H9172-9173) |
| 2018-09-28 | House | The previous question was ordered pursuant to the rule. |
| 2018-09-28 | House | DEBATE - The House proceeded with one hour of debate on H.R. 6760. |
| 2018-09-28 | House | Rule provides for consideration of H.R. 6756, H.R. 6757 and H.R. 6760. |
| 2018-09-28 | House | Considered under the provisions of rule H. Res. 1084. (consideration: CR H9158-9174; text of amendment in the nature of a substitute: CR H9158-9165) |
| 2018-09-27 | House | Rule H. Res. 1084 passed House. |
| 2018-09-26 | House | Rules Committee Resolution H. Res. 1084 Reported to House. Rule provides for consideration of H.R. 6756, H.R. 6757 and H.R. 6760. |
| 2018-09-24 | House | Placed on the Union Calendar, Calendar No. 746. |
| 2018-09-24 | House | Reported (Amended) by the Committee on Ways and Means. H. Rept. 115-958. |
| 2018-09-13 | House | Ordered to be Reported in the Nature of a Substitute by the Yeas and Nays: 21 - 15. |
| 2018-09-13 | House | Committee Consideration and Mark-up Session Held. |
| 2018-09-10 | House | Referred to the House Committee on Ways and Means. |
| 2018-09-10 | House | Introduced in House |
Same As/Similar To
HB5903 (Related) 2018-05-22 - Referred to the House Committee on Ways and Means.
HB6228 (Related) 2018-06-26 - Referred to the House Committee on Ways and Means.
HB6277 (Related) 2018-06-28 - Referred to the House Committee on Ways and Means.
SB2291 (Related) 2018-01-10 - Read twice and referred to the Committee on Finance.
SB2687 (Related) 2018-04-17 - Read twice and referred to the Committee on Finance.
HR1084 (Related) 2018-09-27 - Motion to reconsider laid on the table Agreed to without objection.
HB6228 (Related) 2018-06-26 - Referred to the House Committee on Ways and Means.
HB6277 (Related) 2018-06-28 - Referred to the House Committee on Ways and Means.
SB2291 (Related) 2018-01-10 - Read twice and referred to the Committee on Finance.
SB2687 (Related) 2018-04-17 - Read twice and referred to the Committee on Finance.
HR1084 (Related) 2018-09-27 - Motion to reconsider laid on the table Agreed to without objection.
Subjects
Bank accounts, deposits, capital
Capital gains tax
Charitable contributions
Commuting
Disability and paralysis
Egypt
Gambling
Health care costs and insurance
Housing finance and home ownership
Income tax credits
Income tax deductions
Income tax deferral
Income tax exclusion
Income tax rates
Interest, dividends, interest rates
Marriage and family status
Middle East
Military personnel and dependents
Pedestrians and bicycling
Property tax
State and local taxation
Student aid and college costs
Tax administration and collection, taxpayers
Tax treatment of families
Taxation
Transfer and inheritance taxes
Transportation costs
Capital gains tax
Charitable contributions
Commuting
Disability and paralysis
Egypt
Gambling
Health care costs and insurance
Housing finance and home ownership
Income tax credits
Income tax deductions
Income tax deferral
Income tax exclusion
Income tax rates
Interest, dividends, interest rates
Marriage and family status
Middle East
Military personnel and dependents
Pedestrians and bicycling
Property tax
State and local taxation
Student aid and college costs
Tax administration and collection, taxpayers
Tax treatment of families
Taxation
Transfer and inheritance taxes
Transportation costs
