H.R. 3270 · 118th Congress
Permanent Tax Cuts for American Families Act of 2023
- Stage
- In committee
- Sponsor
- Michelle Steel
- Introduced
- 2023-05-11
- Latest action
- 2023-05-11 · Introduced in House
Summary
Permanent Tax Cuts for American Families Act of 2023
This bill permanently increases the standard tax deduction for nonitemizing taxpayers. It also requires an inflation adjustment to the increased deduction amounts.