A bill to amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax, and for other purposes.
Individual Alternative Minimum Tax Repeal Act of 2007 - Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax (AMT) for individuals after 2006; and (2) exempt taxpayers with no AMT liability prior to 2006 from current AMT estimated tax penalties.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Referred to the House Committee on Ways and Means.
Read twice and referred to the Committee on Finance.
Read twice and referred to the Committee on Finance.
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 476.
Read twice and referred to the Committee on Finance.
Introduced in Senate
Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S13694)
Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 464.
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