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BillHR 9179 · 119

Cost of Living Tax Cut Act

Introduced
Jun 8, 2026
Cosponsors
1
Traction
0
Last Action
Jun 8, 2026

Bill Summary

Reduces taxes to help people keep up with rising living costs. It aims to lower the amount of taxes owed by individuals and families.

Sponsored By

Laura Gillen
Democrat · New York · House

Bill Journey

  1. Jun 8, 2026
  2. Jun 8, 2026You Are Here

    The committee will review the bill, debate amendments, and vote on whether to advance it to the full chamber.

  3. TBD

    The full chamber debates the bill, may amend it, and votes on whether to pass it.

  4. TBD

    If passed by the first chamber, the other chamber considers, may amend, and votes on the bill.

  5. TBD

    If passed by both chambers, the bill goes to the President to sign into law or veto.

Why It Matters

This bill would affect middle- and low-income taxpayers, potentially increasing their take-home pay and reducing their financial burden. It could also impact the government's revenue and budget, as it would collect less tax money from these individuals.

Impact Areas

Sample
Addresses Supply
Targets an underlying shortage driving costs.
Supports Families
Aimed at easing pressure on working households.
Long-term Impact
Effects compound across multiple budget cycles.
Expands Access
Lowers barriers for first-time participants.

Support & Opposition

Sponsor & cosponsor support by party
1backer
  • Democratic1
Cross-party cosponsors0 · 0%

Documents

1

Full text opens on congress.gov, the official source.

Bill Details

Bill TypeHouse Bill · Federal
Primary TopicMoney & Economy
IntroducedJun 8, 2026
Last UpdatedJun 8, 2026
Latest ActionReferred to the House Committee on Ways and Means.
Subjects
  • Economy

Summary and impact analysis written by Judy (KnowGov's enrichment AI). Bill metadata, status, sponsor, and any floor votes from Prism. Sections marked “Sample” are placeholders not yet connected to live data.