S.268: A bill to amend the Internal Revenue Code of 1986 to allow nonrefundable personal credits, the standard deduction, and personal exemptions in computing alternative minimum tax liability, to increase the amount of the individual exemption from such tax, and for other purposes.

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced Feb. 6, 2001
  • Latest Major Action Feb. 6, 2001

Bill Summary

Amends the Internal Revenue Code to: (1) include nonrefundable personal credits, personal exemptions, and the standard deduction in computing alternative minimum tax liability; and (2) increase individual minimum tax exemption amounts.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
Feb. 6, 2001

Introduced in the Senate by Blanche Lincoln (D-Ark.)

Close Comment Creative Commons Donate Email Facebook Mobile Phone Podcast Print Google News logo Google_NewsInitiative_Lockup_FullColor RSS Search Search Twitter WhatsApp Resolving differences Check Building Arrow right Info circle Oops OOPS Pencil File text Bars Search Close Cogs Filter Compare Revolving Door Info card Activity Member menu Globe Document External link Quote News Calendar No Vote
Current site Current page