To repeal the unearned income Medicare contribution provision in the Health Care and Education Reconciliation Act of 2010.
Latest action · Sep 29, 2010 Referred to the House Committee on Ways and Means.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedSep 29, 2010
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Amends the Health Care and Education Reconciliation Act of 2010 to repeal the unearned income Medicare contribution provision, under which: (1) net investment income (interest, dividends, annuities, royalties, rents, passive income, and net gain from the disposition of nonbusiness property) is included in the Medicare taxable base; (2) a 3.8% tax is imposed on it, beginning in 2013; and (3) the net investment income of taxpayers with adjusted gross incomes of under $200,000 ($250,000 for joint returns) is excluded from such tax.
Cosponsors
Members who signed on, in the order they did.
Actions 2
Everything that happened, newest first.
- Sep 29, 2010Introduced in House
- Sep 29, 2010Referred to the House Committee on Ways and Means.
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Sep 29, 2010Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.