To amend the Internal Revenue Code of 1986 to provide that tips received for certain services shall not be subject to income or employment taxes.

Fact Sheet API

Bill Number

HR 1274

Introduced

Mar 28, 2001

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Agriculture and Food Barber and beauty shops Commerce Food service employees Gifts Government Operations and Politics Hotels, motels, etc. Income tax Labor and Employment Minimum wages Newspapers Personal income tax Recreation Social security taxes Social Welfare Sports and Recreation Tax exclusion Taxation Taxicabs Tipping Transportation and Public Works Withholding tax

Full Text

View Full Bill Text

Votes

Summary

Amends the Internal Revenue Code to make revisions concerning the treatment of tip income for specified services, including treating a limited amount of tips as property transferred by gift.

Actions

Mar 28, 2001

Referred to the House Committee on Ways and Means.
Mar 28, 2001

Sponsor introductory remarks on measure. (CR E472)
Mar 28, 2001

Introduced in House

Amendments

Related Bills