Keep Your Pay Act
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
The bill expands a tax deduction, compliance mandate, product standard provision: 101, expands a tax rate change, compliance mandate provision: 102. Increase in income tax rates for highest earners Section 1(j) is amended— in paragraph (1), by striking paragraphs (2) through (6) and inserting paragraphs, and expands a compliance mandate, definition change provision: 201. It relies on compliance mandates, tax credits, appropriations, and tax deductions. The main policy areas are Finance, Education, and Environment.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Expands a tax deduction, compliance mandate, product standard provision: 101.
- Expands a tax rate change, compliance mandate provision: 102. Increase in income tax rates for highest earners Section 1(j) is amended— in paragraph (1), by striking paragraphs (2) through (6) and inserting paragraphs...
- Expands a compliance mandate, definition change provision: 201.
- Creates introduces a neutral technical change provision: 202. Application of earned income credit to possessions of the United States Subparagraph (B) of section 7530(a)(1) is amended by striking in the case of calendar...
- Adds or tightens a compliance mandate provision: 203. Election to use prior year earned income Paragraph (2) of section 32(c) is amended by adding at the end the following new subparagraph: (C)Election to use prior year...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
The bill expands a tax deduction, compliance mandate, product standard provision: 101, expands a tax rate change, compliance mandate provision: 102. Increase in income tax rates for highest earners Section 1(j) is amended— in paragraph (1), by striking paragraphs (2) through (6) and inserting paragraphs, and expands a compliance mandate, definition change provision: 201.
Key Policy Areas
Finance, Education, Environment
Primary Purpose
The bill expands a tax deduction, compliance mandate, product standard provision: 101, expands a tax rate change, compliance mandate provision: 102. Increase in income tax rates for highest earners Section 1(j) is amended— in paragraph (1), by striking paragraphs (2) through (6) and inserting paragraphs, and expands a compliance mandate, definition change provision: 201.
Policy Domains
Legislative Progress
In CommitteeRead twice and referred to the Committee on Finance.
Introduced in Senate
Mr. Booker introduced the following bill; which was read twice …
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?
- "secretary_of_treasury"
- → Secretary of the Treasury
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