S 4393 · 117th Congress

Middle-Class Savings and Investment Act

<p><strong>Middle-Class Savings and Investment Act</strong></p> <p>This bill provides tax incentives for savings and investment for middle-income taxpayers. Specifically, it (1) increases the current tax bracket for capital gains and dividends; (2) allows an exclusion from gross income for up to $300 of interest in…

Sponsor

Grassley, Chuck (R-IA)

Introduced

2022-06-14

Policy area

Taxation

Latest action

Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure. CR S2942-2943)