To amend the Internal Revenue Code of 1986 to allow the deduction for State and local income and property taxes under the alternative minimum tax.

Fact Sheet API

Bill Number

HR 2987

Introduced

Jun 20, 2005

Latest Action

Referred to the House Committee on Ways and Means.

Sponsor

Cosponsors

Topics

Government Operations and Politics Income tax Local taxation Minimum tax Property tax State taxation Tax deductions Taxation

Full Text

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Votes

Summary

Amends the Internal Revenue Code to allow the tax deduction for state and local income and property taxes as an adjustment in computing alternative minium taxable income.

Actions

Jun 20, 2005

Referred to the House Committee on Ways and Means.
Jun 20, 2005

Introduced in House

Amendments

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