S 291 · 107th Congress · Taxation

AMT and Tax Deduction Fairness Act of 2001

Introduced 2001-02-08· Sponsored by Sen. Thompson, Fred [R-TN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Finance.(2001-02-08)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (9)

3 Democrats6 Republicans