To amend the Internal Revenue Code of 1986 to reduce the rate of the tentative minimum tax for noncorporate taxpayers to 24 percent.
AMT Rate Reduction Act of 2007 - Amends the Internal Revenue Code to reduce to 24% the rate of the tentative alternative minimum tax for noncorporate taxpayers.
Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2501)
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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