Skip to main content
S 2389 110th Congress Senate Taxation Employee stock options Finance and Financial Sector Income tax Labor and Employment Minimum tax Tax credits Tax refunds

A bill to amend the Internal Revenue Code of 1986 to increase the alternative minimum tax credit amount for individuals with long-term unused credits for prior year minimum tax liability, and for other purposes.

Introduced: November 16, 2007 See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 16, 2007
Read twice and referred to the Committee on Finance.
Nov 16, 2007
Introduced in Senate
 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to: (1) increase the alternative minimum tax (AMT) refundable credit amount for individuals who have long-term unused minimum tax credits from prior taxable years; and (2) abate any underpayment of tax attributable to the application of special AMT rules for the treatment of incentive stock options.

What's happening now November 16, 2007

Read twice and referred to the Committee on Finance.

 Committees of jurisdiction 1
 Cosponsors 3
All 3 Democratic 2 Republican 1