Senate
May 26, 2025No Tax on Tips Act
Summary
Official
No Tax on Tips Act This bill establishes a new tax deduction of up to $25,000 for tips, subject to limitations. The bill also expands the business tax credit for the portion of payroll taxes an employer pays on certain tips to include payroll taxes paid on tips received in connection with certain beauty services. Under the bill, the new tax deduction for tips is...
Bill Progress
Passed Senate, sent to House
Introduced(1/16/25)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
VB
Mr. Buchanan
House (R) Florida – 16
Cosponsors (23)
Topics
Latest Action
Held at the desk.
May 26, 2025
View Bill on Congress.gov