TCJA Permanency Act
Latest action · Jan 3, 2025 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.
- IntroducedJan 3, 2025
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
TCJA Permanency Act
This bill makes permanent multiple federal tax provisions enacted in 2017 by the Tax Cuts and Jobs Act.
The bill makes permanent the
- individual tax rates of 10%, 12%, 22%, 24%, 32%, 35%, and 37%;
- increased standard deduction;
- personal exemption allowance repeal;
- exclusion from income of student loans discharged due to death or disability;
- qualified business income tax deduction (199A tax deduction);
- allowance of ABLE account contributions in excess of the annual gift tax exclusion amount;
- base estate and gift tax exclusion amount of $10 million (adjusted annually); and
- alternative minimum tax exemption and phaseout amounts for noncorporate taxpayers.
The bill makes permanent the child tax credit amounts of $2,000 per child and $500 for dependents, the $200,000 phaseout threshold ($400,000 for joint filers), and the refundable portion of the tax credit.
The bill expands the expenses eligible for tax-free withdrawals from qualified tuition plans (529 plans) to include additional expenses associated with homeschool and elementary and secondary schools (e.g., instructional materials, tutoring, test and enrollment fees, and educational therapies).
The bill permanently eliminates certain miscellaneous itemized deductions and makes permanent the
- state and local tax deduction limit of $10,000 ($5,000 for married individuals filing separately),
- mortgage interest tax deduction limit of $750,000 ($375,000 for married individuals filing separately),
- limit on the deduction of cash charitable contributions to 60% of a taxpayer’s adjusted gross income, and
- certain limits on casualty loss tax deductions.
The bill also permanently eliminates the exclusion from income for employer-reimbursed bicycle commuting expenses.
Cosponsors 53
Members who signed on, in the order they did. Signatures ran from Jan 3, 2025 to Dec 9, 2025; 30 are original cosponsors, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-NE | Adrian Smith | Original | Jan 3, 2025 |
| R-GA | Andrew S. Clyde | Original | Jan 3, 2025 |
| R-KY | Andy Barr | Original | Jan 3, 2025 |
| R-IA | Ashley Hinson | Original | Jan 3, 2025 |
| R-TX | Beth Van Duyne | Original | Jan 3, 2025 |
| R-WV | Carol D. Miller | Original | Jan 3, 2025 |
| R-NY | Claudia Tenney | Original | Jan 3, 2025 |
| R-TX | Dan Crenshaw | Original | Jan 3, 2025 |
| R-PA | Daniel Meuser | Original | Jan 3, 2025 |
| R-IL | Darin LaHood | Original | Jan 3, 2025 |
| R-TN | David Kustoff | Original | Jan 3, 2025 |
| R-NC | David Rouzer | Original | Jan 3, 2025 |
| R-GA | Earl L. "Buddy" Carter | Original | Jan 3, 2025 |
| R-WI | Glenn Grothman | Original | Jan 3, 2025 |
| R-TX | Jake Ellzey | Original | Jan 3, 2025 |
| R-FL | John H. Rutherford | Original | Jan 3, 2025 |
| R-MI | John R. Moolenaar | Original | Jan 3, 2025 |
| R-NV | Mark E. Amodei | Original | Jan 3, 2025 |
| R-OH | Max L. Miller | Original | Jan 3, 2025 |
| R-OH | Michael A. Rulli | Original | Jan 3, 2025 |
| R-MS | Michael Guest | Original | Jan 3, 2025 |
| R-IL | Mike Bost | Original | Jan 3, 2025 |
| R-OH | Mike Carey | Original | Jan 3, 2025 |
| R-MS | Mike Ezell | Original | Jan 3, 2025 |
| R-TX | Nathaniel Moran | Original | Jan 3, 2025 |
| R-IA | Randy Feenstra | Original | Jan 3, 2025 |
| R-TX | Randy K. Weber, Sr. | Original | Jan 3, 2025 |
| R-KS | Ron Estes | Original | Jan 3, 2025 |
| R-IN | Rudy Yakym III | Original | Jan 3, 2025 |
| R-ID | Russ Fulcher | Original | Jan 3, 2025 |
| R-FL | Aaron Bean | Jan 9, 2025 | |
| R-TN | Mark E. Green | Jan 9, 2025 | |
| R-PA | Mike Kelly | Jan 9, 2025 | |
| R-IA | Zachary Nunn | Jan 9, 2025 | |
| R-TX | Keith Self | Jan 15, 2025 | |
| R-TX | Roger Williams | Jan 22, 2025 | |
| R-MT | Troy Downing | Jan 22, 2025 | |
| R-MO | Ann Wagner | Jan 23, 2025 | |
| R-UT | Blake D. Moore | Jan 23, 2025 | |
| R-MN | Brad Finstad | Jan 23, 2025 | |
| R-OK | Frank D. Lucas | Jan 23, 2025 | |
| R-TX | Pat Fallon | Jan 23, 2025 | |
| R-GA | Richard McCormick | Jan 23, 2025 | |
| R-NC | Tim Moore | Jan 23, 2025 | |
| R-SC | William R. Timmons IV | Jan 23, 2025 | |
| R-FL | Cory Mills | Jan 28, 2025 | |
| R-IN | Erin Houchin | Jan 31, 2025 | |
| R-IN | Marlin A. Stutzman | Jan 31, 2025 | |
| R-PA | Glenn Thompson | Feb 7, 2025 | |
| R-CO | Jeff Hurd | Feb 18, 2025 | |
| D-NJ | Jefferson Van Drew | Feb 18, 2025 | |
| R-VA | John J. McGuire III | Feb 25, 2025 | |
| R-FL | Randy Fine | Dec 9, 2025 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Ways and Means Committee | Referred Jan 3, 2025 |
Actions 2
Everything that happened, newest first.
- Jan 3, 2025Introduced in House
- Jan 3, 2025Referred to the House Committee on Ways and Means.
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 171, no. 1, January 3, 2025, page H40.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| — | THE NEED TO MAKE PERMANENT THE TRUMP TAX CUTS FOR WORKING FAMILIES445 pages | Ways and Means Committee | Jan 14, 2025 |
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 152 | Student Empowerment Act | Related bill | Jan 20, 2025 |
| HR 523 | Permanent Tax Cuts for American Families Act of 2025 | Related bill | Jan 16, 2025 |
| HR 939 | Student Empowerment Act | Related bill | Feb 4, 2025 |
Titles 3
Every title it has carried, official and short, at each stage.
- Title
- TCJA Permanency Act
- Official Title as Introduced
- To amend the Internal Revenue Code of 1986 to make permanent certain provisions of the Tax Cuts and Jobs Act affecting individuals, families, and small businesses, and for other purposes.
- Short Title(s) as Introduced
- TCJA Permanency Act
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Capital gains tax
- Charitable contributions
- Disability assistance
- Egypt
- Foreign property
- Income tax credits
- Income tax deductions
- Income tax rates
- Middle East
- Military personnel and dependents
- Small business
- State and local finance
- Tax administration and collection, taxpayers
- Tax treatment of families
- Taxation
- Transfer and inheritance taxes
Text 1
Each version as it was printed, newest first.
- Jan 3, 2025Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
