To amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes., changes federal law or congressional policy affecting workers, employers, and labor regulators. The main policy domain is Labor, Finance, Transportation.
Who Benefits and How
workers, employers, and labor regulators may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, workers, employers, and labor regulators may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H30E316ECE01E48B5881D8272CFAC9E2C: 1. Short title This Act may be cited as the Tax Free Tips Act of 2024. Except as otherwise expressly provided, whenever in this Act an amendment or repeal is...
- Section HF7CE51F9F93A411A96B552BCF0CD4C46: 2. Tips not subject to income or employment taxes Section 102 (relating to gifts and inheritances) is amended by adding at the end the following new...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes., changes federal law or congressional policy affecting workers, employers, and labor regulators.
Key Policy Areas
Labor, Finance, Transportation
Primary Purpose
This bill, To amend the Internal Revenue Code of 1986 to provide that tips shall not be subject to income or employment taxes., changes federal law or congressional policy affecting workers, employers, and labor regulators.
Policy Domains
Whole bill
Identified Gains
- workers, employers, and labor regulators
Identified Costs
- federal implementing agencies
- workers, employers, and labor regulators
Sponsors
Legislative Progress
IntroducedMr. Massie (for himself, Mr. Gaetz, and Ms. Greene of …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology