S 2293 · 110th Congress · Taxation
Individual Alternative Minimum Tax Repeal Act of 2007
Bill Progress
1
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 464.(2007-11-02)
Plain Language Summary
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Individual Alternative Minimum Tax Repeal Act of 2007 - Amends the Internal Revenue Code to: (1) repeal the alternative minimum tax (AMT) for individuals after 2006; and (2) exempt taxpayers with no AMT liability prior to 2006 from current AMT estimated tax penalties.…
Summarized by Claude AI · Non-partisan · For informational purposes only