Amendment110th Congress
507
- Amendment Number
- 507
- Purpose
- To protect families, family farms and small businesses by raising the death tax exemption to $5 million and reducing the maximum death tax rate to no more than 35%, to extend college tuition deduction, to extend the student loan interest deduction, to extend the teacher classroom deduction, to protect senior citizens from higher taxes on their retirement income, to maintain U.S. financial market competitiveness, and to promote economic growth by extending the lower tax rates on dividends and capital gains.
- Congress
- 110
- Type
- SAMDT
- Latest Action Date
- Mar 21, 2007
- Latest Action Text
- Amendment SA 507 not agreed to in Senate by Yea-Nay Vote. 47 - 51. Record Vote Number: 83.
- Proposed Date
- Mar 21, 2007
- Submitted Date
- Mar 21, 2007
- Chamber
- Senate
- Update Date
- Feb 1, 2021