US HB2710 | 2011-2012 | 112th Congress
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on July 29 2011 - 25% progression, died in committee
Action: 2011-07-29 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on July 29 2011 - 25% progression, died in committee
Action: 2011-07-29 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Fair and Impartial Reform Tax Act of 2011 - Amends the Internal Revenue Code to: (1) revise income tax rates for individuals and increase such rates for taxpayers with adjusted gross incomes in excess of $500,000, (2) impose limits on and phaseouts of personal exemptions and itemized deductions for high income taxpayers, (3) increase the tax rate on net capital gains and dividend income, and (4) increase the alternative minimum tax (AMT) on the net capital gains of noncorporate taxpayers for taxable years beginning after 2011. Makes the general terminating date of the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) (i.e., December 31, 2012) applicable to the amendments made by this Act.
Title
Fair and Impartial Reform Tax Act of 2011
Sponsors
Rep. Paul Tonko [D-NY] |
History
Date | Chamber | Action |
---|---|---|
2011-07-29 | House | Referred to the House Committee on Ways and Means. |
Same As/Similar To
HB6100 (Related) 2012-07-11 - Referred to the House Committee on Ways and Means.
HB6104 (Related) 2012-07-11 - Referred to the House Committee on Ways and Means.
SB3393 (Related) 2012-07-18 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 457.
SB3412 (Related) 2012-07-25 - Passed Senate without amendment by Yea-Nay Vote. 51 - 48. Record Vote Number: 184. (text: CR S5355-5356)
HB6262 (Related) 2012-08-01 - Referred to the House Committee on Ways and Means.
HB6104 (Related) 2012-07-11 - Referred to the House Committee on Ways and Means.
SB3393 (Related) 2012-07-18 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 457.
SB3412 (Related) 2012-07-25 - Passed Senate without amendment by Yea-Nay Vote. 51 - 48. Record Vote Number: 184. (text: CR S5355-5356)
HB6262 (Related) 2012-08-01 - Referred to the House Committee on Ways and Means.
Subjects
Capital gains tax
Income tax deductions
Income tax exclusion
Income tax rates
Interest, dividends, interest rates
Taxation
Income tax deductions
Income tax exclusion
Income tax rates
Interest, dividends, interest rates
Taxation
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/112th-congress/house-bill/2710/all-info |
Text | https://www.congress.gov/112/bills/hr2710/BILLS-112hr2710ih.pdf |