I 
112TH CONGRESS 
2D SESSION 
H. R. 6104 
To provide a temporary extension for the middle class of certain tax relief 
enacted in 2001, 2003, and 2009. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 11, 2012 
Mr. RICHMOND introduced the following bill; which was referred to the 
Committee on Ways and Means 
A BILL 
To provide a temporary extension for the middle class of 
certain tax relief enacted in 2001, 2003, and 2009. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Working Families Tax 
Protection Act of 2012’’. 
SEC. 2. EXTENSION OF 2001 TAX RELIEF FOR THE MIDDLE 
CLASS. 
(a) IN GENERAL.—In the case of the provisions of 
the Economic Growth and Tax Relief Reconciliation Act 
of 2001 which are specified in subsection (b) (and the 
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amendments made by such provisions), section 901 of 
such Act shall be applied by substituting ‘‘December 31, 
2013’’ for ‘‘December 31, 2012’’ the first place it appears. 
(b) SPECIFIED EGTRRA PROVISIONS.—The fol-
lowing provisions of the Economic Growth and Tax Relief 
Reconciliation Act of 2001 are specified in this subsection: 
(1) Title I (relating to individual income tax 
rate reductions). 
(2) Title II (relating to tax benefits related to 
children). 
(3) Title III (relating to marriage penalty re-
lief). 
(4) Title IV (relating to affordable education 
provisions). 
(c) CERTAIN
PROVISIONS
NOT
APPLICABLE
TO 
HIGH-INCOME INDIVIDUALS.— 
(1) INDIVIDUAL
INCOME
TAX
RATES.—Sub-
section (i) of section 1 of the Internal Revenue Code 
of 1986 is amended by striking paragraph (2), by 
redesignating paragraph (3) as paragraph (4), and 
by inserting after paragraph (1) the following new 
paragraphs: 
‘‘(2) 25- AND 28-PERCENT RATE BRACKETS.— 
The tables under subsections (a), (b), (c), (d), and 
(e) shall be applied— 
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‘‘(A) by substituting ‘25%’ for ‘28%’ each 
place it appears (before the application of sub-
paragraph (B)), 
‘‘(B) by substituting ‘28%’ for ‘31%’ each 
place it appears, and 
‘‘(C) by substituting ‘33%’ for ‘36%’ each 
place it appears. 
‘‘(3) 35-PERCENT RATE BRACKET.— 
‘‘(A) IN GENERAL.—In the case of taxable 
years beginning after December 31, 2012— 
‘‘(i) the rate of tax under subsections 
(a), (b), (c), and (d) on a taxpayer’s tax-
able income in the highest rate bracket 
shall be 35 percent to the extent such in-
come does not exceed an amount equal to 
the excess of— 
‘‘(I) the applicable threshold, 
over 
‘‘(II) the dollar amount at which 
such bracket begins, and 
‘‘(ii) the 39.6 percent rate of tax 
under such subsections shall apply only to 
the taxpayer’s taxable income in such 
bracket in excess of the amount to which 
clause (i) applies. 
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‘‘(B) APPLICABLE THRESHOLD.—For pur-
poses of this paragraph, the term ‘applicable 
threshold’ means— 
‘‘(i) $500,000 in the case of sub-
section (a), and 
‘‘(ii) 1⁄2 the amount applicable under 
clause (i) in the case of subsections (b), 
(c), and (d). 
‘‘(C) HIGHEST RATE BRACKET.—For pur-
poses of this paragraph, the term ‘highest rate 
bracket’ means the bracket which would (deter-
mined without regard to this paragraph) be the 
39.6-percent rate bracket.’’. 
(2) PHASEOUT OF PERSONAL EXEMPTIONS AND 
ITEMIZED DEDUCTIONS.— 
(A) OVERALL
LIMITATION
ON
ITEMIZED 
DEDUCTIONS.—Section 68 of such Code is 
amended— 
(i) 
by 
striking 
‘‘the 
applicable 
amount’’ the first place it appears in sub-
section (a) and inserting ‘‘the applicable 
threshold in effect under section 1(i)(3)’’, 
(ii) 
by 
striking 
‘‘the 
applicable 
amount’’ in subsection (a)(1) and inserting 
‘‘such applicable threshold’’, 
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(iii) by striking subsection (b) and re-
designating subsections (c), (d), and (e) as 
subsections (b), (c), and (d), respectively, 
and 
(iv) by striking subsections (f) and 
(g). 
(B) PHASEOUT OF DEDUCTIONS FOR PER-
SONAL EXEMPTIONS.— 
(i) IN
GENERAL.—Paragraph (3) of 
section 151(d) of such Code is amended— 
(I) by striking ‘‘the threshold 
amount’’ in subparagraphs (A) and 
(B) and inserting ‘‘the applicable 
threshold in effect under section 
1(i)(3)’’, 
(II) by striking subparagraph (C) 
and redesignating subparagraph (D) 
as subparagraph (C), and 
(III) by striking subparagraphs 
(E) and (F). 
(ii) 
CONFORMING
AMENDMENT.— 
Paragraph (4) of section 151(d) of such 
Code is amended— 
(I) by striking subparagraph (B), 
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(II) by redesignating clauses (i) 
and (ii) of subparagraph (A) as sub-
paragraphs (A) and (B), respectively, 
and by indenting such subparagraphs 
(as so redesignated) accordingly, and 
(III) by striking all that precedes 
‘‘in a calendar year after 1989,’’ and 
inserting the following: 
‘‘(4) INFLATION ADJUSTMENT.—In the case of 
any taxable year beginning’’. 
(3) APPLICATION OF SUNSETS.— 
(A) INDIVIDUAL
INCOME
TAX
RATES.— 
Section 901 of the Economic Growth and Tax 
Relief Reconciliation Act of 2001 shall apply to 
the amendments made by paragraph (1) to the 
same extent and in the same manner as such 
section applies to the amendments made by sec-
tion 101 of such Act. 
(B) PHASEOUT OF PERSONAL EXEMPTIONS 
AND ITEMIZED DEDUCTIONS.—Section 901 of 
the Economic Growth and Tax Relief Reconcili-
ation Act of 2001 shall apply to the amend-
ments made by paragraph (2) to the same ex-
tent and in the same manner as such section 
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applies to the amendments made by section 102 
of such Act. 
(d) EFFECTIVE DATE.—The amendments made by 
this section shall apply to taxable years beginning after 
December 31, 2012. 
SEC. 3. EXTENSION OF 2003 TAX RELIEF FOR THE MIDDLE 
CLASS. 
(a) IN GENERAL.—Section 303 of the Jobs and 
Growth Tax Relief Reconciliation Act of 2003 is amended 
by striking ‘‘December 31, 2012’’ and inserting ‘‘Decem-
ber 31, 2013’’. 
(b) CERTAIN PROVISIONS NOT APPLICABLE
TO 
HIGH-INCOME INDIVIDUALS.— 
(1) IN
GENERAL.—Paragraph (1) of section 
(1)(h) of the Internal Revenue Code of 1986 is 
amended by striking subparagraph (C), by redesig-
nating subparagraphs (D) and (E) as subparagraphs 
(E) and (F) and by inserting after subparagraph 
(B) the following new subparagraphs: 
‘‘(C) 15 percent of the lesser of— 
‘‘(i) so much of the adjusted net cap-
ital gain (or, if less, taxable income) as ex-
ceeds the amount on which a tax is deter-
mined under subparagraph (B), or 
‘‘(ii) the excess (if any) of— 
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‘‘(I) the amount of taxable in-
come which would (without regard to 
this subsection) be taxed at a rate 
below 39.6 percent, over 
‘‘(II) the sum of the amounts on 
which tax is determined under sub-
paragraphs (A) and (B), 
‘‘(D) 20 percent of the adjusted net capital 
gain (or, if less, taxable income) in excess of the 
sum of the amounts on which tax is determined 
under subparagraphs (B) and (C),’’. 
(2) DIVIDENDS.—Subparagraph (A) of section 
1(h)(11) of such Code is amended by striking 
‘‘qualified dividend income’’ and inserting ‘‘so much 
of the qualified dividend income as does not exceed 
the excess (if any) of— 
‘‘(i) the amount of taxable income 
which would (without regard to this sub-
section) be taxed at a rate below 39.6 per-
cent, over 
‘‘(ii) taxable income reduced by quali-
fied dividend income.’’. 
(3) MINIMUM TAX.—Section 55 of such Code is 
amended by adding at the end the following new 
subsection: 
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‘‘(f) APPLICATION OF MAXIMUM RATE OF TAX ON 
NET CAPITAL GAIN OF NONCORPORATE TAXPAYERS.—In 
the case of taxable years beginning after December 31, 
2012, the amount determined under subparagraph (C) of 
subsection (b)(3) shall be the sum of— 
‘‘(1) 15 percent of the lesser of— 
‘‘(A) so much of the adjusted net capital 
gain (or, if less, taxable excess) as exceeds the 
amount on which tax is determined under sub-
paragraph (B) of subsection (b)(3), or 
‘‘(B) the excess described in section 
1(h)(1)(C)(ii), plus 
‘‘(2) 20 percent of the adjusted net capital gain 
(or, if less, taxable excess) in excess of the sum of 
the amounts on which tax is determined under sub-
section (b)(3)(B) and paragraph (1).’’. 
(4) CONFORMING AMENDMENTS.— 
(A) The following provisions are amended 
by striking ‘‘15 percent’’ and inserting ‘‘20 per-
cent’’: 
(i) Section 1445(e)(1) of the Internal 
Revenue Code of 1986. 
(ii) The second sentence of section 
7518(g)(6)(A) of such Code. 
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(iii) Section 53511(f)(2) of title 46, 
United States Code. 
(B) Sections 531 and 541 of the Internal 
Revenue Code of 1986 are each amended by 
striking ‘‘15 percent of’’ and inserting ‘‘the 
product of the highest rate of tax under section 
1(c) and’’. 
(C) Section 1445(e)(6) of such Code is 
amended by striking ‘‘15 percent (20 percent in 
the case of taxable years beginning after De-
cember 31, 2010)’’ and inserting ‘‘20 percent’’. 
(5) APPLICATION OF SUNSET.—Section 303 of 
the Jobs and Growth Tax Relief Reconciliation Act 
of 2003 shall apply to the amendments made by this 
subsection to the same extent and in the same man-
ner as such section applies to the amendments made 
by title III of such Act. 
(c) EFFECTIVE DATES.— 
(1) IN GENERAL.—Except as provided in para-
graph (2), the amendments made by this section 
shall apply to taxable years beginning after Decem-
ber 31, 2012. 
(2) WITHHOLDING.—The amendments made by 
subparagraphs (A)(i) and (C) of subsection (b)(4) 
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shall apply to amounts paid on or after January 1, 
2013. 
SEC. 4. EXTENSION OF 2009 TAX RELIEF. 
(a) AMERICAN OPPORTUNITY TAX CREDIT.— 
(1) IN GENERAL.—Section 25A(i) of the Inter-
nal Revenue Code of 1986 is amended by striking 
‘‘or 2012’’ and inserting ‘‘2012, or 2013’’. 
(2) TREATMENT
OF
POSSESSIONS.—Section 
1004(c)(1) of the American Recovery and Reinvest-
ment Tax Act of 2009 is amended by striking ‘‘and 
2012’’ each place it appears and inserting ‘‘2012, 
and 2013’’. 
(b) CHILD TAX CREDIT.—Section 24(d)(4) of the In-
ternal Revenue Code of 1986 is amended— 
(1) by striking ‘‘AND 2012’’ in the heading and 
inserting ‘‘2012, AND 2013’’, and 
(2) by striking ‘‘or 2012’’ and inserting ‘‘2012, 
or 2013’’. 
(c) EARNED INCOME TAX CREDIT.—Section 32(b)(3) 
of the Internal Revenue Code of 1986 is amended— 
(1) by striking ‘‘AND 2012’’ in the heading and 
inserting ‘‘2012, AND 2013’’, and 
(2) by striking ‘‘or 2012’’ and inserting ‘‘2012, 
or 2013’’. 
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