H.R. 874 — Hidden Rate Elimination Act of 2001

Summary

Hidden Rate Elimination Act of 2001 - Amends the Internal Revenue Code to provide for a reduction in tax rates for individuals for calendar year 2002, as well as further reductions through calendar year 2006.

Repeals the phaseout of personal exemptions.

Repeals the overall limitation on itemized deductions.

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Related Legislation

H.R. 1836Economic Growth and Tax Relief Reconciliation Act of 2001
2001-06-07Became Public Law No: 107-16.
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Legislative Actions

2001-03-06
Introduced in House
2001-03-06
Introduced in House
2001-03-06
Sponsor introductory remarks on measure. (CR E286)
2001-03-06
Referred to the House Committee on Ways and Means.
2001-08-13
See H.R.1836.

Hidden Rate Elimination Act of 2001

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Summary

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