Bill117th CongressFiled Jul 28, 2021Taxation
S. 2522
A bill to amend the Internal Revenue Code of 1986 to treat certain tribal benefits and 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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CommitteeComm.
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Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Jul 28, 2021)
This bill treats certain disability payments and other payments made by Indian tribes or Native Corporations to children as the earned income of such children. This exempts such income from the kiddie tax which taxes the unearned income of children at the parent's marginal tax rate.
What just happenedJul 28, 2021
Read twice and referred to the Committee on Finance.
Who’s behind it
Sen. Murkowski, Lisa [R-AK](R-AK)Sponsor
1 cosponsor1 R
1cosponsors1committees2actions1related bills4subjects
- Introduced in SenateJul 28, 2021
- Jul 28, 2021IntroReferral
Read twice and referred to the Committee on Finance.
Finance Committee - Jul 28, 2021IntroReferral10000
Introduced in Senate