S. 4042 · Where this bill is now
In committee
Introduced in the Senate, Mar 10, 2026
119th Congress
2nd SessionS. 4042
2nd SessionS. 4042
A BILL
Keep Your Pay Act
In the SenateNo vote yet
Sponsor: Sen. Cory A. Booker (D-NJ) · Introduced Mar 10, 2026 · Taxation · 1 version of the text
Sources: Congress.gov actions and votes · bill text from GovInfo · latest official action Mar 10, 2026: “Read twice and referred to the Committee on Finance.”
Sections
Sections · 1
Title I — Increase in standard deduction and top tax rates · 2
Title II — Tax Cuts for Workers and Families · 4
- Sec. 201Permanent extension of earned income credit rules for individuals without qualifying childrenNo change
- Sec. 202Application of earned income credit to possessions of the United StatesNo change
- Sec. 203Election to use prior year earned incomeNo change
- Sec. 204Establishment of refundable child tax credit with monthly advance paymentNo change