HR 942 · 107th Congress · Taxation

Individual Income Tax Rate Reduction Act of 2001

Introduced 2001-03-08· Sponsored by Rep. Collins, Mac [R-GA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: See H.R.1836.(2001-08-13)

Plain Language Summary

[AI summary unavailable — showing source text] Individual Income Tax Rate Reduction Act of 2001 - Amends the Internal Revenue Code to establish new, lower tax rates for individuals. Increases the standard deduction and provides that such deduction on a joint return shall be twice the amount of a single return.…

Summarized by Claude AI · Non-partisan · For informational purposes only