Active Duty Military Tax Relief Act of 2007
Latest action · Jan 31, 2007 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1431-1434)
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.
- IntroducedJan 31, 2007
- Passed SenateNot reached
- Passed HouseNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Active Duty Military Tax Relief Act of 2007 - Amends the Internal Revenue Code to: (1) allow certain small business owners (with 100 or fewer employees) and self-employed individuals a tax credit for wages paid to members of the Ready Reserve of the Armed Forces and to temporary replacement employees for such members while on active military duty; (2) treat differential wage payments made to members of the Ready Reserve as earned income for tax withholding and retirement plan purposes; (3) allow the rollover of military death gratuities to individual retirement accounts, health savings accounts, Archer medical savings accounts, and education savings accounts; (4) increase the standard tax deduction by $1,000 in 2007 and 2008 for members of the uniformed services on active duty for more than 30 days; and (5) make permanent the taxpayer election to treat combat pay as earned income for purposes of computing the earned income tax credit.
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Feb 1, 2007 to Jun 12, 2007.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OR | Gordon H. Smith | Feb 1, 2007 | |
| D-WA | Maria Cantwell | Feb 15, 2007 | |
| D-AR | Blanche L. Lincoln | Jun 12, 2007 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| Senate | Finance Committee | Referred Jan 31, 2007 |
Actions 3
Everything that happened, newest first.
- Jan 31, 2007Introduced in Senate
- Jan 31, 2007Sponsor introductory remarks on measure. (CR S1431)
- Jan 31, 2007Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S1431-1434)
In the Congressional Record 1
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 S1431Text printed S1431–S1434 | John F. Kerry D-MA (text) | Jan 31, 2007 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| RL32275 | Small Business Tax Preferences: Significant Legislative Proposals in the 110th Congress Archived | Report | Jun 7, 2007 |
Related bills 9
Companion bills and other measures the record links to this one.
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 provide tax relief to active duty military personnel and employers who assist them, and for other purposes.
- Short Titles as Introduced
- Active Duty Military Tax Relief Act of 2007
Subjects
Assigned by the Library of Congress. Policy area: Taxation.
- Armed Forces and National Security
- Armed forces reserves
- College costs
- Commerce
- Earned income tax credit
- Education
- Education savings accounts
- Health
- Higher education
- Income tax
- Individual retirement accounts
- Iraq compilation
- Labor and Employment
- Medical savings accounts
- Military pay
- Military personnel
- Replacement workers
- Self-employed
- Small business
- Social Welfare
- Survivors' benefits
- Tax credits
- Tax deductions
- Tax exclusion
- Tax penalties
- Taxation
- Temporary employment
- Wages
- Withholding tax
Text 1
Each version as it was printed, newest first.
- Jan 31, 2007Introduced in 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.
