HR 3385 · 109th Congress · Taxation

AMT Credit Fairness Act of 2005

Introduced 2005-07-21· Sponsored by Rep. Johnson, Sam [R-TX-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2005-07-21)

Plain Language Summary

[AI summary unavailable — showing source text] AMT Credit Fairness Act of 2005 - Amends the Internal Revenue Code to: (1) make unused alternative minimum tax credits more than four years old refundable at the greater of 20 percent annually or $5,000 per year; and (2) require corporations to provide stock option recipients with certain tax disclosures.…

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

Cosponsors (20)

5 Democrats15 Republicans
Rep. Neal, Richard E. [D-MA-2]MA
Rep. McCrery, Jim [R-LA-4]LA
Rep. Jefferson, William J. [D-LA-2]LA
Rep. Ramstad, Jim [R-MN-3]MN
Rep. Shaw, E. Clay, Jr. [R-FL-22]FL
Rep. Johnson, Nancy L. [R-CT-5]CT
Rep. English, Phil [R-PA-3]PA
Rep. Lofgren, Zoe [D-CA-16]CA
Rep. Simmons, Rob [R-CT-2]CT
Rep. Honda, Michael M. [D-CA-15]CA
Rep. McCaul, Michael T. [R-TX-10]TX
Rep. Paul, Ron [R-TX-14]TX
Rep. Gerlach, Jim [R-PA-6]PA
Rep. Jindal, Bobby [R-LA-1]LA
Rep. Eshoo, Anna G. [D-CA-14]CA
Rep. Pence, Mike [R-IN-6]IN
Rep. Herger, Wally [R-CA-2]CA
Rep. Cantor, Eric [R-VA-7]VA
Rep. Cunningham, Randy (Duke) [R-CA-50]CA
Rep. McCotter, Thaddeus G. [R-MI-11]MI