Bills · HR 2802
IN COMMITTEE· 119TH CONGRESS
House BillHR 2802Taxation
Tax Relief from Tariffs and High Costs Act
INTRO APR 9· LAST ACTION APR 9
READING
2MIN
COSPONSORS
0
READER REACTIONS0 TOTAL
NO VOTES YET · BE THE FIRST
- Introduced only
LEGISLATIVE PROGRESS
STEP 2 / 8Introduced
In Committee
Reported
Passed House
Passed Senate
Conference
To President
Became Law
WHAT THE BILL DOES
AI-writtenVoters should care about this bill because it offers a direct, one-time financial benefit to many households. If passed, people who meet the income requirements would effectively pay 10% less in federal income tax for the 2025 tax year, or receive a refund for that amount. This could provide a noticeable boost to household budgets, especially for those struggling with increased living costs, as the bill's title suggests.
If this bill becomes law, it could inject money into the economy through consumer spending and provide immediate relief from financial pressures for qualifying individuals. If it doesn't become law, taxpayers would not receive this 10% reduction or refund, and their 2025 federal tax obligations would remain unchanged under existing law, potentially leaving less disposable income for many families.
KEY PROVISIONS
3AI-extractedPROVISION 01
Creates a new refundable tax credit for individuals equal to 10% of their Federal income tax liability.
This directly reduces the federal tax burden for eligible individuals, potentially providing a refund even if no tax is owed.
PROVISION 02
The credit is limited to taxpayers with modified adjusted gross income (MAGI) below $100,000 for individuals and $200,000 for joint filers.
This provision targets the tax relief towards middle and lower-income households.
PROVISION 03
The tax credit applies specifically to the 2025 tax year.
This makes the tax relief a temporary, one-time measure rather than a permanent change to the tax code.
SPONSORSHIP
1 + 0
D· New Mexico
YRS IN OFFICE
3
BILLS LED
35
ACTION TIMELINE
2 EVENTSAPR 9
Introduced in House
APR 9
Referred to the House Committee on Ways and Means.
BILL INFO
TypeHouse Bill
NumberHR 2802
Congress119th
StatusIn Committee
IntroducedApr 9, 2025
Last actionApr 9, 2025
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IN COMMITTEE· 119TH CONGRESS · WAYS AND MEANS COMMITTEE · INTRODUCED APR 9, 2025
House BillHR 2802Taxation
Tax Relief from Tariffs and High Costs Act
INTRODUCED APR 9, 2025· LAST ACTION APR 9, 2025
PASSAGE CHANCES
—%
READING
2 min
COSPONSORS
0
COMPLEXITY
Moderate
