A bill to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions of the tax reform law, and for other purposes.

Bill 118 s 1226, also known as the "Individual Tax Provisions Permanency Act," aims to amend the Internal Revenue Code of 1986 to make permanent the individual tax provisions that were implemented as part of the tax reform law. The bill seeks to ensure that key tax benefits for individuals, such as lower tax rates, increased standard deductions, and expanded child tax credits, remain in place indefinitely.

By making these provisions permanent, the bill aims to provide certainty and stability for taxpayers, allowing them to better plan for their financial futures. Additionally, the bill includes provisions to simplify the tax code and reduce compliance burdens for individuals.

Overall, the goal of Bill 118 s 1226 is to ensure that the benefits of the tax reform law continue to positively impact individuals and families, while also promoting economic growth and prosperity.