Skip to main content
HR 2950 109th Congress House

Individual Tax Simplification Act of 2005

Official title: To amend the Internal Revenue Code of 1986 to provide a revenue-neutral simplification of the individual income tax.

Introduced: June 16, 2005 Introduced by: Neal, Richard E. Democratic · Massachusetts See on congress.gov
Taxation AdoptionCapital gains taxCharitable contributionsCollege costs
More subjectsShow fewer subjects
CommerceCost of living adjustmentsCostsDay careDisabledEconomics and Public FinanceEducationEmployee stock optionsFamiliesFinance and Financial SectorHigher educationIncomeIncome taxIndexing (Economic policy)Labor and Employment
Sign in to write a letter Sign in to watch
This bill died when the 109th Congress ended
It never became law before the 109th Congress (2005–2006) 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 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 22, 2005
Sponsor introductory remarks on measure. (CR H4904)
Jun 16, 2005
Referred to the House Committee on Ways and Means.
Jun 16, 2005
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action June 22, 2005

Sponsor introductory remarks on measure. (CR H4904)

 Plain-English summary Congressional Research Service

Individual Tax Simplification Act of 2005 - Revises provisions of the Internal Revenue Code pertaining to: (1) the alternative minimum tax; (2) the phaseout of the tax credits for adoption expenses, child care, and educational assistance based on modified adjusted gross income; and (3) the capital gains tax.

Repeals, after 2005: (1) the overall limitation on itemized tax deductions; (2) the phaseout of personal tax exemptions; and (3) the alternative minimum tax on individuals.

Imposes an additional income tax on adjusted gross incomes exceeding certain threshold levels to ensure the revenue neutrality of this Act.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 2950: Individual Tax Simplification Act of 2005. 109th Congress. Open America. https://openamerica.io/bill/109-HR-2950/
MLA
"H.R. 2950: Individual Tax Simplification Act of 2005." 109th Congress, 2026, Open America, https://openamerica.io/bill/109-HR-2950/.
Bluebook (legal)
H.R. 2950, 109th Cong. (2026), https://openamerica.io/bill/109-HR-2950/.
Markdown link
[H.R. 2950: Individual Tax Simplification Act of 2005](https://openamerica.io/bill/109-HR-2950/)
Report a problem