S 291 · 107th Congress · Taxation
AMT and Tax Deduction Fairness Act of 2001
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on Finance.(2001-02-08)
Plain Language Summary
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AMT and Tax Deduction Fairness Act of 2001 - Amends the Internal Revenue Code to allow: (1) the State and local income tax deduction against the alternative minimum tax; and (2) the deduction of State and local general sales taxes in lieu of State and local income taxes.…
Summarized by Claude AI · Non-partisan · For informational purposes only