HR 1299
107th Congress
House
Taxation
Armed Forces and National Security
Income tax
Military personnel
Personal income tax
Tax credits
Military Tax Credit Act of 2001
Introduced: March 29, 2001
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 29, 2001
Referred to the House Committee on Ways and Means.
Mar 29, 2001
Sponsor introductory remarks on measure. (CR E485)
Mar 29, 2001
Introduced in House
Plain-English summary
Military Tax Credit Act of 2001 - Amends the Internal Revenue Code to provide that, in the case of an individual who is on active duty in the armed forces at any time during a taxable year, there shall be allowed a refundable tax credit of up to $4,000 (for a joint return). Provides for prorating such credit if such duty is less than a full year.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1