US HB3747 | 2011-2012 | 112th Congress
Status
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: Introduced on December 20 2011 - 25% progression, died in committee
Action: 2011-12-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on December 20 2011 - 25% progression, died in committee
Action: 2011-12-20 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amends the Internal Revenue Code to make permanent and increase the alternative minimum tax (AMT) exemption amount to $100,000 for married couples filing a joint tax return and surviving spouses and to $75,000 for unmarried individuals. Adjusts such increased exemption amounts for inflation in taxable years beginning after 2012.
Title
To amend the Internal Revenue Code of 1986 to increase the alternative minimum tax exemption amount and index such amount for inflation.
Sponsors
Rep. Nita Lowey [D-NY] | Sen. Shelley Capito [R-WV] | Rep. Scott Garrett [R-NJ] | Rep. Maurice Hinchey [D-NY] |
Rep. Rush Holt [D-NJ] | Rep. Leonard Lance [R-NJ] | Rep. Carolyn Maloney [D-NY] | Rep. Lynn Woolsey [D-CA] |
History
Date | Chamber | Action |
---|---|---|
2011-12-20 | House | Referred to the House Committee on Ways and Means. |
Subjects
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/3747/all-info |
Text | https://www.congress.gov/112/bills/hr3747/BILLS-112hr3747ih.pdf |