HR 3704
107th Congress
House
Taxation
Commerce
Consumer credit
Credit cards
Finance and Financial Sector
Income tax
Interest
Personal income tax
Tax deductions
Consumer Credit Card Compensation and Economic Incentive Act of 2002
Introduced: February 7, 2002
Introduced by:
Meeks, Gregory W.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 7, 2002
Referred to the House Committee on Ways and Means.
Feb 7, 2002
Introduced in House
Plain-English summary
Consumer Credit Card Compensation and Economic Incentive Act of 2002 - Amends the Internal Revenue Code to allow an individual, from January 1, 2002 through December 31, 2006, to deduct up to $5,000 annually for credit card interest.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1