US HB86 | 2011-2012 | 112th Congress
Status
Sponsorship: Partisan Bill (Republican 7)
Status: Introduced on January 5 2011 - 25% progression, died in committee
Action: 2011-01-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on January 5 2011 - 25% progression, died in committee
Action: 2011-01-05 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
End Tax Uncertainty Act of 2011 - Makes permanent: (1) the Economic Growth and Tax Relief Reconciliation Act of 2001; (2) provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce income tax rates on dividend and capital gains income; and (3) the repeal of the estate, gift, and generation-skipping transfer taxes. Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax (AMT) on individual taxpayers; and (2) reduce to 25% the maximum income tax rate on corporations, including personal service corporations.
Title
End Tax Uncertainty Act of 2011
Sponsors
| Rep. Michele Bachmann [R-MN] | Rep. John Carter [R-TX] | Rep. Trent Franks [R-AZ] | Rep. Steve King [R-IA] |
| Rep. Donald Manzullo [R-IL] | Rep. Tom McClintock [R-CA] | Rep. Robert Schilling [R-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-01-05 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB547 (Related) 2011-02-08 - Referred to the House Committee on Ways and Means.
Subjects
Capital gains tax
Corporate finance and management
General taxation matters
Income tax rates
Taxation
Transfer and inheritance taxes
Corporate finance and management
General taxation matters
Income tax rates
Taxation
Transfer and inheritance taxes
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/112th-congress/house-bill/86/all-info |
| Text | https://www.congress.gov/112/bills/hr86/BILLS-112hr86ih.pdf |
