AMT and Tax Deduction Fairness Act of 2001

Fact Sheet API

Bill Number

S 291

Introduced

Feb 8, 2001

Latest Action

Read twice and referred to the Committee on Finance.

Sponsor

Cosponsors

Topics

Agriculture and Food Government Operations and Politics Health Income tax Local taxation Medical supplies Minimum tax Motor vehicles Personal income tax Sales tax State taxation Tax deductions Tax rates Taxation Transportation and Public Works Travel costs

Full Text

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Votes

Summary

AMT and Tax Deduction Fairness Act of 2001 - Amends the Internal Revenue Code to allow: (1) the State and local income tax deduction against the alternative minimum tax; and (2) the deduction of State and local general sales taxes in lieu of State and local income taxes.

Actions

Feb 8, 2001

Read twice and referred to the Committee on Finance.
Feb 8, 2001

Sponsor introductory remarks on measure. (CR S1222-1223)
Feb 8, 2001

Introduced in Senate

Amendments

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