S 540 · 107th Congress 2001–2003, ended

Reserve Component Tax Assistance Act of 2001

Introduced Mar 15, 2001 Originated Senate Sponsor Mike DeWine R-OH

Fact sheet

Latest action · Mar 15, 2001 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2390-2392)

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedMar 15, 2001
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Reserve Component Tax Assistance Act of 2001 - Amends the Internal Revenue Code to allow as a business or trade deduction the expenses of a member of the reserve component of the U.S. armed forces in connection with such service. Makes such deduction available to itemizers and non-itemizers.

Establishes related reserve component business-related employment and self-employment credits.

Cosponsors 62

Members who signed on, in the order they did. Signatures ran from Mar 15, 2001 to Jul 17, 2002, with 24 there on the day it was introduced.

SeatCosponsorSigned on
R-NHBob SmithOriginalMar 15, 2001
D-MICarl LevinOriginalMar 15, 2001
D-HIDaniel K. InouyeOriginalMar 15, 2001
R-VAGeorge AllenOriginalMar 15, 2001
R-OHGeorge V. VoinovichOriginalMar 15, 2001
R-OKJames M. InhofeOriginalMar 15, 2001
R-ALJeff SessionsOriginalMar 15, 2001
R-NCJesse HelmsOriginalMar 15, 2001
R-AZJohn McCainOriginalMar 15, 2001
R-VAJohn WarnerOriginalMar 15, 2001
D-CTJoseph I. LiebermanOriginalMar 15, 2001
R-TXKay Bailey HutchisonOriginalMar 15, 2001
D-LAMary L. LandrieuOriginalMar 15, 2001
D-GAMax ClelandOriginalMar 15, 2001
D-ALRichard C. ShelbyOriginalMar 15, 2001
Show all 62 cosponsors

Actions 3

Everything that happened, newest first.

  1. Mar 15, 2001Introduced in Senate
  2. Mar 15, 2001Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S2390-2392)
  3. Mar 15, 2001Sponsor introductory remarks on measure. (CR S2390)

Related bills 1

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 3756Reserve Component Tax Assistance Act of 2002Identical billFeb 13, 2002

Subjects

Assigned by the Library of Congress. Policy area: Taxation.

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.