S. 4621 · 118th Congress · Senate

No Tax on Tips Act

Active· Read twice and referred to the Committee on Finance.
Introduced
Jun 20, 24
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

No Tax on Tips Act 

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

Action Timeline

2
  1. JUN 20, 2024IntroReferral

    Introduced in Senate

  2. JUN 20, 2024IntroReferral

    Read twice and referred to the Committee on Finance.

Committees

1

Finance Committee

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Referred: Jun 20, 2024

Active