HR 86
112th Congress
House
Taxation
Capital gains tax
Corporate finance and management
General taxation matters
Income tax rates
Transfer and inheritance taxes
End Tax Uncertainty Act of 2011
Introduced: January 5, 2011
See on congress.gov
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
End Tax Uncertainty Act of 2011 - Makes permanent: (1) the Economic Growth and Tax Relief Reconciliation Act of 2001; (2) provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce income tax rates on dividend and capital gains income; and (3) the repeal of the estate, gift, and generation-skipping transfer taxes.
Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax (AMT) on individual taxpayers; and (2) reduce to 25% the maximum income tax rate on corporations, including personal service corporations.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1