S 1196
108th Congress
Senate
Taxation
Congress
Earned income tax credit
Families
Income tax
Married people
Sunset legislation
Tax deductions
Tax rates
Permanent Marriage Penalty Relief Act of 2003
Introduced: June 5, 2003
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2003
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7489)
Jun 5, 2003
Sponsor introductory remarks on measure. (CR S7488-7489)
Jun 5, 2003
Introduced in Senate
Plain-English summary
Permanent Marriage Penalty Relief Act of 2003 - Amends the Internal Revenue Code to provide that the basic standard deduction on a joint return shall be equal to 200 percent of the dollar amount of an individual who is not married.
Makes the maximum taxable income in the lowest joint bracket equal to double the maximum taxable income in the lowest single filer bracket.
Increases the earned income credit phaseout amount on a joint return by $3,000.
What's happening now
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S7489)
Committees of jurisdiction
1
Cosponsors
1