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- S.268
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 Sponsor
Bill Cosponsors
7 (5 Democrats, 3 Republicans)
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 |
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Read twice and referred to the Committee on Finance.
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Feb. 6, 2001 |
Introduced in the Senate by Blanche Lincoln (D-Ark.) |