Plain English summary not yet available
The full original text is available below. Check back soon as we process this bill.
I
116TH CONGRESS
1ST SESSION
H. R. 957
To amend the Internal Revenue Code of 1986 to make permanent certain
provisions of Public Law 115–97, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
FEBRUARY 4, 2019
Mr. MITCHELL introduced the following bill; which was referred to the
Committee on Ways and Means
A BILL
To amend the Internal Revenue Code of 1986 to make
permanent certain provisions of Public Law 115–97, and
for other purposes.
Be it enacted by the Senate and House of Representa-
1
tives of the United States of America in Congress assembled,
2
SECTION 1. SHORT TITLE.
3
This Act may be cited as the ‘‘Tax Cuts and Jobs
4
Middle Class Enhancement Act’’.
5
SEC. 2. CERTAIN PROVISIONS OF PUBLIC LAW 115–97 MADE
6
PERMANENT.
7
Any provision of subtitle A or B of Public Law 115–
8
97, or any amendment made by such a provision, that ter-
9
VerDate Sep 11 2014
04:09 Feb 13, 2019
Jkt 089200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H957.IH
H957
kjohnson on DSK79L0C42 with BILLS
2
•HR 957 IH
minates on December 31, 2025, shall not terminate on
1
such date.
2
SEC. 3. INCREASE IN STANDARD DEDUCTION.
3
(a) IN GENERAL.—Section 63(c)(7) of the Internal
4
Revenue Code of 1986 is amended—
5
(1) in subparagraph (A), by striking ‘‘and’’ at
6
the end of clause (i), by striking ‘‘$12,000’’ in
7
clause (ii) and inserting ‘‘$13,000’’, by striking the
8
period at the end of clause (ii) and inserting ‘‘,
9
and’’, and by adding at the end the following new
10
clause:
11
‘‘(iii) by substituting ‘$26,000’ for
12
‘200 percent of the dollar amount in effect
13
under subparagraph (C) for the taxable
14
year’ ’’, and
15
(2) in subparagraph (B)(ii), by striking ‘‘the
16
$18,000 and $12,000 amounts’’ and inserting ‘‘the
17
dollar amounts’’.
18
(b) EFFECTIVE DATE.—The amendments made by
19
this section shall take effect as if included in the enact-
20
ment of section 11021 of Public Law 115–97.
21
SEC. 4. REDUCTION IN MEDICAL EXPENSE DEDUCTION
22
FLOOR.
23
(a) IN GENERAL.—Section 213 of the Internal Rev-
24
enue Code of 1986 is amended—
25
VerDate Sep 11 2014
04:09 Feb 13, 2019
Jkt 089200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H957.IH
H957
kjohnson on DSK79L0C42 with BILLS
3
•HR 957 IH
(1) in subsection (a), by striking ‘‘10 percent’’
1
and inserting ‘‘7.5 percent’’, and
2
(2) by striking subsection (f).
3
(b) MINIMUM TAX PREFERENCE NOT TO APPLY.—
4
Section 56(b)(1) is amended by striking subparagraph
5
(B).
6
(c) EFFECTIVE DATE.—The amendments made by
7
this section shall take effect as if included in the enact-
8
ment of section 11027 of Public Law 115–97.
9
SEC. 5. INCREASE IN REFUNDABLE PORTION OF THE
10
CHILD TAX CREDIT.
11
(a) IN GENERAL.—Section 24 of the Internal Rev-
12
enue Code of 1986 is amended—
13
(1) in subsection (d)(1)(A), by inserting ‘‘, sub-
14
section (h)(4),’’ after ‘‘this subsection’’, and
15
(2) in subsection (h), by striking paragraph (5)
16
and redesignating paragraphs (6) and (7) as para-
17
graph (5) and (6), respectively.
18
(b) CONFORMING AMENDMENTS.—Paragraphs (1)
19
and (4)(C) of section 24(h) of the Internal Revenue Code
20
of 1986 are each amended by striking ‘‘(7)’’ and inserting
21
‘‘(6)’’.
22
VerDate Sep 11 2014
04:09 Feb 13, 2019
Jkt 089200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6201
E:\BILLS\H957.IH
H957
kjohnson on DSK79L0C42 with BILLS
4
•HR 957 IH
(c) EFFECTIVE DATE.—The amendments made by
1
this section shall take effect as if included in the enact-
2
ment of section 11022 of Public Law 115–97.
3
Æ
VerDate Sep 11 2014
04:09 Feb 13, 2019
Jkt 089200
PO 00000
Frm 00004
Fmt 6652
Sfmt 6301
E:\BILLS\H957.IH
H957
kjohnson on DSK79L0C42 with BILLS