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- H.R.1599
H.R.1599: To amend the Internal Revenue Code of 1986 to extend for two years the higher exemption amounts under the alternative minimum tax for individuals and to adjust the exemption amounts and phaseout thresholds in the alternative minimum tax for inflation.
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced April 13, 2005
- Latest Major Action April 13, 2005
Bill Sponsor
Bill Cosponsors
4 (All Republicans)
Bill Summary
Amends the Internal Revenue Code to: (1) extend the increased exemption from the alternative minimum tax for individual taxpayers for two additional years; and (2) adjust for inflation such increased exemption amounts, the exemption amount for corporations, and the phaseout thresholds applicable to individual taxpayers with certain levels of alternative minimum taxable income.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
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April 13, 2005 |
Introduced in the House by Jeb E. Bradley (R-N.H.) |