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- S.1711
S.1711: Half and Half: Tax Relief and Debt Reduction Act of 1998
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about congress
- Introduced March 5, 1998
- Latest Major Action March 17, 1998
Bill Sponsor
Bill Cosponsors
4 (All Republicans)
Bill Summary
Half and Half: Tax Relief and Debt Reduction Act of 1998 - Amends the Internal Revenue Code to permit a husband and wife to file a combined tax return with separate rates. (Sec. 3) Raises the ceiling on income taxed at the lowest levels of taxation. (Sec. 4) Includes "mid-term gain" (certain property held for more than one year, but less than 18 months) within the definition of adjusted capital gain. (Sec. 5) Indexes certain assets for...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Read twice and referred to the Committee on Finance.
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Sponsor introductory remarks on measure.
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March 5, 1998 |
Introduced in the Senate by Kay Bailey Hutchison (R-Texas) |