S.35: Tax Cut With a Purpose Act of 2001

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced Jan. 22, 2001
  • Latest Major Action March 15, 2001

Bill Sponsor

Bill Summary

Tax Cut With a Purpose Act of 2001 - Amends the Internal Revenue Code (the Code) to make revisions under which: (1) individual income tax rates will be reduced; (2) in the case of a joint return, an additional deduction will be allowed; (3) subtitle B (Estate and Gift Taxes) of the Code will be repealed; (4) the definition of qualified expenses for purposes of the education individual retirement account will be expanded to include qualified...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Finance.
Committee on Finance. Hearings held.
Committee on Finance. Hearings held.
Jan. 22, 2001

Introduced in the Senate by Phil Gramm (R-Texas)

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