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- H.R.3861
H.R.3861: AMT Credit Fairness and Relief Act of 2007
About This Bill
- This bill was introduced in the 110th Congress
- This bill is primarily about taxation
- Introduced Oct. 16, 2007
- Latest Major Action Oct. 16, 2007
Bill Sponsor
Bill Cosponsors
26 (15 Democrats, 12 Republicans)
Bill Summary
AMT Credit Fairness and Relief Act of 2007 - Amends the Internal Revenue Code to: (1) increase the alternative minimum tax (AMT) refundable credit amount for individuals who have long-term unused minimum tax credits from prior taxable years; and (2) abate any underpayment of tax attributable to the application of special AMT rules for the treatment of incentive stock options.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
Date | Description |
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Referred to the House Committee on Ways and Means.
|
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Oct. 16, 2007 |
Introduced in the House by Chris Van Hollen (D-Md.) |