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HR 2999 107th Congress House Taxation Building construction Commerce Compensation for victims of crime Congress Congressional agencies Congressional reorganization Congressional reporting requirements Crime and Law Enforcement Drugs EBB Terrorism Economics and Public Finance Elementary and secondary education Elementary education Estate tax Families Family enterprises Federal aid to education Gift tax Government trust funds

First Things First Act

Introduced: October 2, 2001 Introduced by: Schakowsky, Janice D. Democratic · Illinois See on congress.gov
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This bill died when the 107th Congress ended
It never became law before the 107th Congress (2001–2002) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 2, 2001
Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Oct 2, 2001
Introduced in House
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 Plain-English summary Congressional Research Service
First Things First Act-Amends the Internal Revenue Code to raise certain highest marginal income tax rates. Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to: (1) repeal the phaseout of the overall limitation on itemized deductions and restore the phaseout of personal exemptions; and (2) repeal the termination of the estate and generation-skipping transfer taxes, step-up basis at death, and related items.

Amends the Internal Revenue Code to increase the estate tax deduction for family-owned business interests.

Establishes the National Priorities Assessment Task Force in the legislative branch. Requires such Task Force to evaluate congressional success in the following areas: (1) the provision of aid and relief to persons injured as a result of the September 11, 2001, terrorist attacks; (2) the security of the Social Security and Medicare trust funds; (3) the provision of a comprehensive prescription drug benefit to Medicare beneficiaries; (4) the provision of Federal funding for school modernization and teacher hiring; and (5) a significant reduction in worst case housing needs.

What's happening now October 2, 2001

Referred to the Committee on Ways and Means, and in addition to the Committee on Rules, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 4
All 4 Democratic 3 Independent 1
D
DeGette, Diana
Colorado · Nov 16, 2001
 D
Norton, Eleanor Holmes
District of Columbia · Nov 1, 2001
 D
Davis, Danny K.
Illinois · Oct 2, 2001
 I
Sanders, Bernard
Vermont · Oct 2, 2001
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2999: First Things First Act. 107th Congress. Open America. https://openamerica.io/bill/107-HR-2999/
MLA
"H.R. 2999: First Things First Act." 107th Congress, 2026, Open America, https://openamerica.io/bill/107-HR-2999/.
Bluebook (legal)
H.R. 2999, 107th Cong. (2026), https://openamerica.io/bill/107-HR-2999/.
Markdown link
[H.R. 2999: First Things First Act](https://openamerica.io/bill/107-HR-2999/)
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