H.R.7005: Alternative Minimum Tax Relief Act of 2008

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about taxation
  • Introduced Sept. 23, 2008
  • Latest Major Action Dec. 11, 2008

Bill Summary

Alternative Minimum Tax Relief Act of 2008 - Amends the Internal Revenue Code to extend through 2008 for individual taxpayers: (1) the offset of nonrefundable personal tax credits against regular and alternative minimum tax (AMT) liability; and (2) the increased alternative minimum tax (AMT) exemption amounts.Increases the alternative minimum tax (AMT) refundable credit amount for individuals who have long-term unused minimum tax credits from...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Mr. Neal (MA) moved to suspend the rules and pass the bill.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 7005.
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Considered as unfinished business.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 393 - 30 (Roll no. 634).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate.
Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 1128.
Motion to proceed to consideration of measure made in Senate.
Cloture motion on the motion to proceed to the measure presented in Senate.
Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 52 - 35. Record Vote Number: 215.
Motion by Senator Reid to reconsider the vote by which cloture on the motion to proceed to the measure
Sept. 23, 2008

Introduced in the House by Charles B. Rangel (D-N.Y.)

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