Bill116th CongressFiled Jul 10, 2019Taxation
S. 2078
A bill to amend the Internal Revenue Code of 1986 to treat Alaska Permanent Fund dividends as earned income for purposes of the kiddie tax.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Jul 10, 2019)
This bill treats dividends paid to children from the Alaska Permanent Fund as earned income, not subject to the "kiddie tax" which taxes income of children as unearned income subject to the parent's marginal tax rate.
What just happenedJul 10, 2019
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Murkowski, Lisa [R-AK](R-AK)Sponsor
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- Introduced in SenateJul 10, 2019
- Jul 10, 2019IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 10, 2019IntroReferral10000
Introduced in Senate