S.853: Targeted Marriage Tax Penalty Relief Act of 2001

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced May 9, 2001
  • Latest Major Action May 9, 2001

Bill Sponsor

Bill Summary

Targeted Marriage Tax Penalty Relief Act of 2001 - Amends the Internal Revenue Code to allow, on joint returns, a limited credit.Provides for a decreased phaseout percentage of the earned income credit (thereby increasing the benefits of such credit) for individuals with qualifying children.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Finance.
May 9, 2001

Introduced in the Senate by Evan Bayh (D-Ind.)

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