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No Tax on Tips Act

S. 4621 Sen. Ted Cruz (R-TX) In committee
  1. Introduced Jun 20
  2. Committee Jun 20
  3. Passed Senate Next
  4. Passed House Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Jun 20, 2024Next: Senate vote
860d ago Jun 20, 2024: Read twice and referred to the Committee on Finance.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
1company, 1 filing
Member trades
5trades in the last 90 days
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Companies lobbying on this bill

1 company
Companies by sector
Technology & Software 1
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Summary

No Tax on Tips Act

Full summary1 paragraphs

This bill allows a deduction from gross income (above-the-line tax deduction) for cash tips received by a taxpayer.

Library of Congress summary, Jun 20, 2024

Summary versions
  • Introduced in SenateJun 20, 2024

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 27, 2026.