HR 2495 · 112th Congress · Taxation
Tax Equity and Middle Class Fairness Act of 2011
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-07-11)
Plain Language Summary
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Tax Equity and Middle Class Fairness Act of 2011 - Repeals or revises tax expenditure provisions in the Internal Revenue Code relating to: (1) the production of oil and gas; (2) the production and development of coal resources; (3) individuals, including a phase-out of health savings and Archer medical savings accounts; (4) business taxpayers, including the elimination of certain expensing allowances and the repeal of capital gain treatment for the sale of timber; and (5) certain international tax preferences.…
Summarized by Claude AI · Non-partisan · For informational purposes only