S. 3680 (112th): 2013 Making Working Pay Credit Act

Introduced:
Dec 13, 2012 (112th Congress, 2011–2013)
Sponsor:
Sen. Thomas “Tom” Harkin [D-IA]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. S. stands for Senate bill.

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Status

This bill was introduced on December 13, 2012, in a previous session of Congress, but was not enacted.

Progress
Introduced Dec 13, 2012
Referred to Committee Dec 13, 2012
Cosponsors
2 cosponsors (1I, 1D) (show)
Committees

Senate Finance

The committee chair determines whether a bill will move past the committee stage.

Full Title

A bill to amend the Internal Revenue Code of 1986 to modify and extend the making work pay credit.

Summary

No summaries available.

Text

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Last updated Dec 13, 2012.
4 pages

Primary Source

View on THOMAS (The Library of Congress)

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

12/13/2012--Introduced.
2013 Making Working Pay Credit Act - Amends the Internal Revenue Code to: (1) revive in calendar year 2013 the making work pay tax credit, (2) establish the amount of such credit as the lesser of 6.0% of earned income or $800 in a taxable year ($1,600 for married couples filing jointly), and (3) require a reduction of such credit for taxpayers whose modified adjusted gross income exceeds $60,000 ($90,000 for married couples filing jointly).

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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