Economic Security and Worker Assistance Act of 2001

[AI summary unavailable — showing source text] Economic Security and Worker Assistance Act of 2001 - Amends the Internal Revenue Code to: (1) provide for a supplemental rebate; and (2) accelerate the 25 percent individual income tax rate. Sets forth provisions specifically applicable to business, including: (1) a special depreciation allowance for certain property acquired after September 10, 2001, and before September 11, 2004; (2) a temporary increase in section 179 expensing; and (3) an increased carryback period for certain losses. Extends varied expiring provisions, including: (1) the credits for qualified electric vehicles, work opportunity credit, and the welfare-to-work credit; and (2) provisions concerning the taxable income limit on percentage depletion for oil and natural gas produced from marginal properties, parity in the application of certain limits to mental health benefits, and the availability of medical savings accounts. Reauthorizes Temporary Assistance for Needy Families supplemental grants for population increases for FY 2002. Provides special allowances for a designated "New York Liberty Zone" for the area damaged in the September 11, 2001, terrorist attacks. Provides for specified tax relief for victims …