<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="115" measure-type="hr" measure-number="5012" measure-id="id115hr5012" originChamber="HOUSE" orig-publish-date="2018-02-14" update-date="2018-02-23">
<title>Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018</title>
<summary summary-id="id115hr5012v00" currentChamber="HOUSE" update-date="2018-02-23">
<action-date>2018-02-14</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p><b>Creating Real and Useful Middle-Class Benefits and Savings (CRUMBS) Act of 2018 </b></p> <p>This bill excludes up to $2,500 of bonus income received by an employee in 2018 from being considered taxable earnings for the purpose of determining an employee's federal tax liability. The bill defines a &quot;bonus&quot; as wages paid in addition to the compensation ordinarily given, required, optioned, or obligated under an employment contract. </p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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</BillSummaries>
