S 2293
110th Congress
Senate
Taxation
Income tax
Minimum tax
Tax exemption
Tax penalties
Tax rates
Individual Alternative Minimum Tax Repeal Act of 2007
Introduced: November 1, 2007
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 2, 2007
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 464.
Nov 1, 2007
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S13694)
Nov 1, 2007
Introduced in Senate
Plain-English summary
Individual Alternative Minimum Tax Repeal Act of 2007 - Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax (AMT) for individuals after 2006; and (2) exempt taxpayers with no AMT liability prior to 2006 from current AMT estimated tax penalties.
What's happening now
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 464.