About the bill
H.R. 6760 would make permanent the tax provisions for individuals and pass-through entities in the Tax Cuts and Jobs Act that otherwise be sunset after 2025, including:[1]
- The lower rates of 10%, 12%, 22%, 24%, 32%, 35%, and 37%.
- The doubling of the standard deduction to $12,000/$24,000, for single or joint filers, respectively.
- The doubling of the Child Tax Credit to $2,000 with up to $1,400 refundable.
- The retention of popular deductions like mortgage interest (capped at $750,000 for new homes), state and local taxes (SALT) (capped at $10,000), medical expenses, and charitable deductions.
- The 20% tax deduction for small business owners.
The provision extends the reduction of the threshold above which unreimbursed medical expenses may be deducted, so that this reduction in the threshold from 10 percent to 7.5 …
Sponsor and status
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on September 28, 2018 but was never passed by the Senate.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
40 Cosponsors (40 Republicans)
History
|
Sep 10, 2018
|
|
Introduced
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber. |
|
Sep 13, 2018
|
|
Ordered Reported
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee. |
|
Sep 24, 2018
|
|
Reported by House Committee on Ways and Means
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions. |
|
Sep 28, 2018
|
|
Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. |
|
Feb 9, 2022
|
|
Reintroduced Bill —
Introduced
This activity took place on a related bill, H.R. 6658 (117th). |
H.R. 6760 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 6760. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
“H.R. 6760 — 115th Congress: Protecting Family and Small Business Tax Cuts Act of 2018.” www.GovTrack.us. 2018. October 1, 2023 <https://www.govtrack.us/congress/bills/115/hr6760>
- show another citation format:
- APA
- Blue Book
- Wikipedia Template
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.
