Amendment in the nature of a substitute sought to exempt married households with incomes under $250,000 from the alternative minimum tax; pay for such tax relief by placing restrictions on certain tax shelters; and require the Secretary of the Treasury to make detailed legislative recommendations to Congress designed to reform the alternative minimum tax.

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Amendment Number
522
Description
Amendment in the nature of a substitute sought to exempt married households with incomes under $250,000 from the alternative minimum tax; pay for such tax relief by placing restrictions on certain tax shelters; and require the Secretary of the Treasury to make detailed legislative recommendations to Congress designed to reform the alternative minimum tax.
Purpose
An amendment in the nature of a substitute printed in House Report 108-477.
Congress
108
Type
HAMDT
Latest Action Date
May 5, 2004
Latest Action Text
On agreeing to the Neal (MA) amendment (A001) Failed by the Yeas and Nays: 197 - 228 (Roll no. 143).
Latest Action Time
14:26:16
Submitted Date
May 5, 2004
Chamber
House of Representatives
Update Date
Sep 29, 2021
Amendment 522 — Informed