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- H.R.1421
H.R.1421: Parents' Tax Relief Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced March 8, 2007
- Latest Major Action March 8, 2007
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
28 (All Republicans)
Bill Summary
Parents' Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) provide for a minimum tax credit for household and dependent care services for dependents under the age of seven and to phase out such credit based on the amount by which the taxpayer's adjusted gross income exceeds a threshold amount; (2) increase to $5,000 the amount of the personal tax exemption; (3) eliminate the marriage penalty in all income tax brackets and in...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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| March 8, 2007 |
Introduced in the House by Lee Terry (R-Neb.) |