- Stage
- In committee
- Started in
- House
- Sponsors
- 54
- Latest action
- Jan 3, 2025
What it does
TCJA Permanency Act This bill makes permanent multiple federal tax provisions enacted in 2017 by the Tax Cuts and Jobs Act. The bill makes permanent the individual tax rates of 10%, 12%, 22%, 24%, 32%, 35%, and 37%; increased standard deduction; personal exemption allowance repeal; exclusion from income of student loans discharged due to death or disability; qualified business income tax deduction (199A tax deduction); allowance of ABLE account contributions in excess of the annual gift tax exclusion amount; base estate and gift tax exclusion amount of $10 million (adjusted annually); and alternative minimum tax exemption and phaseout amounts for noncorporate taxpayers. The bill makes…
Official summary · Introduced in House · Jan 3, 2025
Titles and provisions can change as the bill moves.
Where it stands
Introduced (Done)
Committee (Current step)
Floor (Not started)
Law (Not started)
What moved
Who is involved
Sponsors
The lawmakers who put their names on it, lead sponsors first.
- Vern Buchanan
- Aaron Bean
- Adrian Smith
- Andrew Clyde
- Ann Wagner
- Ashley Hinson
- Beth Van Duyne
- Blake Moore
- Brad Finstad
- Carol Miller
- Claudia Tenney
- Cory Mills
- Dan Crenshaw
- Daniel Meuser
- Darin LaHood
- David Kustoff
- David Rouzer
- Earl Carter
- Erin Houchin
- Frank Lucas
- Garland Barr
- Glenn Grothman
- Glenn Thompson
- Jake Ellzey
- Jeff Hurd
- Jefferson Van Drew
- John McGuire
- John Moolenaar
- John Rutherford
- Keith Self
- Mark Amodei
- Mark E. Green
- Marlin Stutzman
- Max Miller
- Michael Guest
- Michael Rulli
- Mike Bost
- Mike Carey
- Mike Ezell
- Mike Kelly
- Nathaniel Moran
- Patrick Fallon
- Randall Fine
- Randy Feenstra
- Randy Weber
- Rich McCormick
- Roger Williams
- Ron Estes
- Rudy Yakym
- Russ Fulcher
In the news
Reporting that may mention this subject. Possible matches are labeled.
Loading coverage…
Where it goes next
While a bill can still move, the questions are about people and money.