Individual Alternative Minimum Tax Repeal Act of 2007
Latest action · Nov 2, 2007 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 464.
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.
- IntroducedNov 1, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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.
Cosponsors 9
Members who signed on, in the order they did. All signed on Nov 1, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-IA | Chuck Grassley | Original | Nov 1, 2007 |
| R-OR | Gordon H. Smith | Original | Nov 1, 2007 |
| R-KY | Jim Bunning | Original | Nov 1, 2007 |
| R-NV | John Ensign | Original | Nov 1, 2007 |
| R-AZ | Jon Kyl | Original | Nov 1, 2007 |
| R-ID | Mike Crapo | Original | Nov 1, 2007 |
| R-ME | Olympia J. Snowe | Original | Nov 1, 2007 |
| R-UT | Orrin G. Hatch | Original | Nov 1, 2007 |
| R-KS | Pat Roberts | Original | Nov 1, 2007 |
Actions 3
Everything that happened, newest first.
- Nov 2, 2007Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 464.
- Nov 1, 2007Introduced in Senate
- Nov 1, 2007Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S13694)
In the Congressional Record 2
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S13717 | Harry Reid D-NV | Nov 2, 2007 |
| Senate | Debate and remarks S13713Text printed S13694 | Harry Reid D-NV, Trent Lott R-MS (text) | Nov 1, 2007 |
Related bills 7
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 14 | Invest in America Act | Related bill | Apr 17, 2007 |
| S 55 | Individual Alternative Minimum Tax Repeal Act of 2007 | Related bill | Jan 4, 2007 |
| HR 1366 | Individual AMT Repeal Act of 2007 | Related bill | Mar 7, 2007 |
| S 2318 | AMT Repeal and Tax Freedom Act | Related bill | Nov 8, 2007 |
| S 2432 | AMT Equity Act of 2007 | Related bill | Dec 6, 2007 |
| HR 3818 | Taxpayer Choice Act of 2007 | Related bill | Oct 10, 2007 |
| HR 3970 | Tax Reduction and Reform Act of 2007 | Related bill | Oct 25, 2007 |
Titles 2
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- A bill to amend the Internal Revenue Code of 1986 to repeal the individual alternative minimum tax, and for other purposes.
- Short Titles as Introduced
- Individual Alternative Minimum Tax Repeal Act of 2007
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
Text 1
Each version as it was printed, newest first.
- Nov 2, 2007Placed on Calendar Senate
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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
