S 506
106th Congress
Senate
A bill to amend the Internal Revenue Code of 1986 to permanently extend the provisions which allow nonrefundable personal credits to be fully allowed against regular tax liability.
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 2, 1999
Read twice and referred to the Committee on Finance.
Mar 2, 1999
Sponsor introductory remarks on measure. (CR S2114)
Mar 2, 1999
Introduced in Senate
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Latest action
Read twice and referred to the Committee on Finance.
Plain-English summary
Revises subpart A (Nonrefundable Personal Credits) of part IV (Credits Against Tax) of the Internal Revenue Code to provide that the aggregate amount of credits allowed under such subpart shall not exceed a taxpayer's regular tax liability.
Bill text
1 version
- Introduced in Senate Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). S. 506: A bill to amend the Internal Revenue Code of 1986 to permanently extend the provisions which allow nonrefundable personal credits to be fully allowed against regular tax liability.. 106th Congress. Open America. https://openamerica.io/bill/106-S-506/
"S. 506: A bill to amend the Internal Revenue Code of 1986 to permanently extend the provisions which allow nonrefundable personal credits to be fully allowed against regular tax liability.." 106th Congress, 2026, Open America, https://openamerica.io/bill/106-S-506/.
S. 506, 106th Cong. (2026), https://openamerica.io/bill/106-S-506/.
[S. 506: A bill to amend the Internal Revenue Code of 1986 to permanently extend the provisions which allow nonrefundable personal credits to be fully allowed against regular tax liability.](https://openamerica.io/bill/106-S-506/)