HR. 463In Committee
Lower Your Taxes Act
Plain-English overview
What this bill does
Expand tax benefits for low- and middle-income families while raising certain corporate taxes and limiting capital gains rates for high-income taxpayers
Key points
- Establish dependent tax credit
- Limit capital gains rates
- Increase earned income tax credit
- Replace child tax credit
Current status
Where it stands
Status
In Committee
Latest action
2025-01-15 — Referred to the House Committee on Ways and Means.
Related context
Topics and policy areas
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Discovery signals
About these signals
Impact and Momentum are relative discovery aids calculated by Legislation Lemur. They help you scan the congressional record; they are not predictions, endorsements, ideological ratings, or measures of policy importance.
Impact ScoreOverall observed legislative footprint and accumulated activity.
MomentumHow recently active or changing the bill appears in available data.