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HR 185 112th Congress House Taxation Income tax rates

Permanent Tax Relief Act of 2011

Introduced: January 5, 2011 Introduced by: Wilson, Joe Republican · South Carolina See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 5, 2011
Referred to the House Committee on Ways and Means.
Jan 5, 2011
Introduced in House
 Plain-English summary Congressional Research Service

Permanent Tax Relief Act of 2011 - Makes provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce income tax rates on dividend and capital gain income permanent.

Amends the Internal Revenue Code to reduce individual income tax rates for calendar years after 2010.

Makes the general terminating date (i.e., December 10, 2010) of the Economic Growth and Tax Relief Reconciliation Act of 2001 inapplicable to provisions of that Act that reduce individual income tax rates.

What's happening now January 5, 2011

Referred to the House Committee on Ways and Means.

 Committees of jurisdiction 1