H.R.5044: Andrew P. Carpenter Tax Act

About This Bill

Bill Summary

Andrew P. Carpenter Tax Act - Amends the Internal Revenue Code to: (1) exclude from the gross income of any cosigner of a student loan of a veteran who died as a result of a service-connected disability any amount attributable to the discharge of the indebtedness on such loan, and (2) subject accounts in the Thrift Savings Fund to a federal tax levy. Provides that any potential revenue gain from the enactment of this Act shall be deposited in...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Trade .
Mr. Johnson, Sam moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 5044.
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, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 0 (Roll no. 585).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Finance.
April 27, 2012

Introduced in the House by Scott DesJarlais (R-Tenn.)

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