S. 1492 — Economic Revitalization Tax Cut Act

Summary

Economic Revitalization Tax Cut Act - Amends the Economic Growth and Tax Relief Reconciliation Act of 2001 to extend the individual tax rate reductions and other changes to the Internal Revenue Code beyond December 31, 2010 (current sunset date).

Amends the Internal Revenue Code to reduce the maximum capital gains rates for individuals.

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Legislative Actions

2001-10-03
Introduced in Senate
2001-10-03
Read twice and referred to the Committee on Finance.

Economic Revitalization Tax Cut Act

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