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June 25, 2008
House Approves One-Year AMT Patch, 233-189
The House today ignored a threatened veto by President Bush and voted 233-189 to approve H.R. 6275, the Alternative Minimum Tax Relief Act of 2008. The bill would extend for one year the current AMT patch, funded with $60 billion of revenue increases:
- Press Release
- Summary of Bill
- Text of Bill
- Chairman's Substitute Amendment
- Joint Tax Committee Description (JCX-50-08)
- Joint Tax Committee Estimated Revenue Effects (JCX-51-08)
- Joint Tax Committee Description of Substitute Amendment (JCX-52-08)
- Associated Press
- Bloomberg
- Reuters
June 25, 2008 in Congressional News | Permalink
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Comments
Sec. 203 of the bill, "Limitation on Treaty Benefits for Certain Deductible Payments," is identical to sec. 3204 of H.R. 3970, the Tax Reduction and Reform Act of 2007, which Chairman Rangel introduced last October.
Posted by: Martin B. Tittle | Jun 25, 2008 5:49:10 PM
