S.3420: Permanent Tax Relief Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about taxation
  • Introduced July 23, 2012
  • Latest Major Action July 24, 2012

Bill Sponsor

Bill Summary

Permanent Tax Relief Act - Makes permanent: (1) the Economic Growth and Tax Relief Reconciliation Act of 2001, and (2) provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce tax rates on dividend and capital gain income. Amends the Internal Revenue Code to make permanent: (1) the increased alternative minimum tax (AMT) exemption amount for individual taxpayers, and (2) the offset against the AMT for certain...

(Source: Library of Congress)

Bill Actions

Date Description
Introduced 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. 472.
July 23, 2012

Introduced in the Senate by Mike Lee (R-Utah)

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