118th Congress · HOUSE BILLBILL

H.R. 8941 — No Tax on Tips Act

“To amend the Internal Revenue Code of 1986 to eliminate the application of the income tax on cash tips through a deduction allowed to all individual taxpayers.”

Taxation

Introduced Jul 8, 2024

Last action Jul 8, 2024

Pipeline · Bill → Law

Step 1

Introduced

Jul 8, 2024

Step 2

Referred

Jul 8, 2024

Ways & Means

Step 3

Committee

Step 4

House floor

Step 5

Senate

Step 6

Resolve Changes

Step 7

Signed

SummaryCRS Summary

This bill allows a deduction from gross income (above-the-line tax deduction) for cash tips received by a taxpayer.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jul 8, 2024

Introduced in House

Jul 8, 2024

Referred to the House Committee on Ways and Means.