Middle Class Payroll Tax Relief Act

Bill: 113-hr-516
Sponsor: full_name: Rep. Maffei, Daniel B. [D-NY-24]
Introduced: 2013-02-05
Policy area: Taxation
Subjects: Employment taxes

Income tax rates
Latest action: action_date: 2013-02-05
text: Referred to the House Committee on Ways and Means.

Summaries:
action_date: 2013-02-05
action_desc: Introduced in House
text: <p>Middle Class Payroll Tax Relief Act - Amends the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 to extend through 2013 the 2% reduction in employment tax rates for employees and self-employed individuals.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 516 IN THE HOUSE OF REPRESENTATIVES February 5, 2013 Mr. Maffei introduced the following bill; which was referred to the Committee on Ways and Means A BILL To extend the payroll tax reduction.

1. Short title This Act may be cited as the Middle Class Payroll Tax Relief Act . 2. Extension of payroll tax reduction (a) In general Subsection (c) of section 601 of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 ( 26 U.S.C. 1401 note) is amended by striking and 2012 and inserting , 2012, and 2013 . (b) Effective date The amendments made by this section shall apply to remuneration received, and taxable years beginning, after December 31, 2012.