I 

111TH CONGRESS 

2D SESSION H. R. 6415 

To permanently extend the 2001 and 2003 tax relief provisions, and to 

permanently repeal the estate tax, and to provide permanent AMT relief, 

and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

NOVEMBER 17, 2010 

Mr. PENCE introduced the following bill; which was referred to the Committee 

on Ways and Means 

A BILL 

To permanently extend the 2001 and 2003 tax relief provisions, and to permanently repeal the estate tax, and 

to provide permanent AMT relief, and for other purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SHORT TITLE. 

4 This Act may be cited as the ‘‘Tax Relief Certainty 

5 Act’’. 


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1 TITLE I—PERMANENT TAX 

2 RELIEF 

3 SEC. 101. REPEAL OF EGTRRA SUNSET. 

4 (a) IN GENERAL.—Section 901 of the Economic 

5 Growth and Tax Relief Reconciliation Act of 2001 is re6 pealed. 

7 (b) SUNSET MAINTAINED FOR EXPANSION OF ADOP8 TION BENEFITS UNDER THE PATIENT PROTECTION AND

9 AFFORDABLE CARE ACT.—Subsection (c) of section 

10 10909 of the Patient Protection and Affordable Care Act 

11 is amended to read as follows: 

12 ‘‘(c) SUNSET PROVISION.—All provisions of, and 

13 amendments made by, this section shall not apply to tax14 able years beginning after December 31, 2011, and the 

15 Internal Revenue Code of 1986 shall be applied and ad16 ministered to such years as if such provisions and amend17 ments had never been enacted.’’. 

18 SEC. 102. REPEAL OF JGTRRA SUNSET. 

19 Section 303 of the Jobs and Growth Tax Relief Rec20 onciliation Act of 2003 is repealed. 

21 SEC. 103. TECHNICAL AND CONFORMING AMENDMENTS. 

22 The Secretary of the Treasury or the Secretary’s del23 egate shall not later than 90 days after the date of the 

24 enactment of this Act, submit to the Committee on Ways 

25 and Means of the House of Representatives and the ComVerDate Mar 15 2010 03:22 Nov 18, 2010 Jkt 099200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\H6415.IH H6415

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1 mittee on Finance of the Senate a draft of any technical 

2 and conforming changes in the Internal Revenue Code of 

3 1986 which are necessary to reflect throughout such Code 

4 the purposes of the provisions of, and amendments made 

5 by, this Act. 

6 TITLE II—PERMANENT 

7 INDIVIDUAL AMT RELIEF 

8 SEC. 201. PERMANENT INDIVIDUAL AMT RELIEF. 

9 (a) MODIFICATION OF ALTERNATIVE MINIMUM TAX

10 EXEMPTION AMOUNT.— 

11 (1) IN GENERAL.—Paragraph (1) of section 

12 55(d) of the Internal Revenue Code of 1986 (relat13 ing to exemption amount) is amended to read as fol14 lows: 

15 ‘‘(1) EXEMPTION AMOUNT FOR TAXPAYERS

16 OTHER THAN CORPORATIONS.—In the case of a tax17 payer other than a corporation, the term ‘exemption 

18 amount’ means— 

19 ‘‘(A) the dollar amount for taxable years 

20 beginning in the calendar year as specified in 

21 the table contained in paragraph (4)(A) in the 

22 case of— 

23 ‘‘(i) a joint return, or 

24 ‘‘(ii) a surviving spouse, 


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1 ‘‘(B) the dollar amount for taxable years 

2 beginning in the calendar year as specified in 

3 the table contained in paragraph (4)(B) in the 

4 case of an individual who— 

5 ‘‘(i) is not a married individual, and 

6 ‘‘(ii) is not a surviving spouse, 

7 ‘‘(C) 50 percent of the dollar amount ap8 plicable under paragraph (1)(A) in the case of 

9 a married individual who files a separate re10 turn, and 

11 ‘‘(D) $22,500 in the case of an estate or 

12 trust. 

13 For purposes of this paragraph, the term ‘surviving 

14 spouse’ has the meaning given to such term by sec15 tion 2(a), and marital status shall be determined 

16 under section 7703.’’. 

17 (2) SPECIFIED EXEMPTION AMOUNTS.—Section 

18 55(d) of such Code is amended by adding at the end 

19 the following new paragraph: 

20 ‘‘(4) SPECIFIED EXEMPTION AMOUNTS.— 

21 ‘‘(A) TAXPAYERS DESCRIBED IN PARA22 GRAPH (1)(A).—For purposes of paragraph 

23 (1)(A)— 

‘‘For taxable years beginning in— 

The exemption amount 

is: 

2010 ................................................................................................ $72,450


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‘‘For taxable years beginning in— 

The exemption amount 

is: 

2011 ................................................................................................ $74,450

2012 ................................................................................................ $78,250

2013 ................................................................................................ $81,450

2014 ................................................................................................ $85,050

2015 ................................................................................................ $88,650

2016 ................................................................................................ $92,650

2017 ................................................................................................ $96,550

2018 ................................................................................................ $100,950

2019 ................................................................................................ $105,150

2020 ................................................................................................ $109,950. 

1 ‘‘(B) TAXPAYERS DESCRIBED IN PARA2 GRAPH (1)(B).—For purposes of paragraph 

3 (1)(B)— 

‘‘For taxable years beginning in— 

The exemption amount 

is: 

2010 ................................................................................................ $47,450

2011 ................................................................................................ $48,450

2012 ................................................................................................ $50,350

2013 ................................................................................................ $51,950

2014 ................................................................................................ $53,750

2015 ................................................................................................ $55,550

2016 ................................................................................................ $57,550

2017 ................................................................................................ $59,500

2018 ................................................................................................ $61,700

2019 ................................................................................................ $63,800

2020 ................................................................................................ $66,200.’’. 

4 (b) ALTERNATIVE MINIMUM TAX RELIEF FOR NON5 REFUNDABLE CREDITS.— 

6 (1) IN GENERAL.—Subsection (a) of section 26 

7 of the Internal Revenue Code of 1986 is amended to 

8 read as follows: 


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1 ‘‘(a) LIMITATION BASED ON AMOUNT OF TAX.—The 

2 aggregate amount of credits allowed by this subpart for 

3 the taxable year shall not exceed the sum of— 

4 ‘‘(1) the taxpayer’s regular tax liability for the 

5 taxable year reduced by the foreign tax credit allow6 able under section 27(a), and 

7 ‘‘(2) the tax imposed by section 55(a) for the 

8 taxable year.’’. 

9 (2) CONFORMING AMENDMENTS.— 

10 (A) ADOPTION CREDIT.— 

11 (i) Section 23(b) of such Code, as in 

12 effect on December 31, 2009, is amended 

13 by striking paragraph (4). 

14 (ii) Section 23(c) of such Code, as in 

15 effect on December 31, 2009, is amended 

16 by striking paragraphs (1) and (2) and in17 serting the following: 

18 ‘‘(1) IN GENERAL.—If the credit allowable 

19 under subsection (a) for any taxable year exceeds 

20 the limitation imposed by section 26(a) for such tax21 able year reduced by the sum of the credits allowable 

22 under this subpart (other than this section and sec23 tions 25D and 1400C), such excess shall be carried 

24 to the succeeding taxable year and added to the 


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1 credit allowable under subsection (a) for such tax2 able year.’’. 

3 (iii) Section 23(c) of such Code, as in 

4 effect on December 31, 2009 amended by 

5 redesignating paragraph (3) as paragraph 

6 (2). 

7 (B) CHILD TAX CREDIT.— 

8 (i) Section 24(b) of such Code is 

9 amended by striking paragraph (3). 

10 (ii) Section 24(d)(1) of such Code is 

11 amended— 

12 (I) by striking ‘‘section 26(a)(2) 

13 or subsection (b)(3), as the case may 

14 be,’’ each place it appears in subpara15 graphs (A) and (B) and inserting 

16 ‘‘section 26(a)’’, and 

17 (II) by striking ‘‘section 26(a)(2) 

18 or subsection (b)(3), as the case may 

19 be’’ in the second last sentence and 

20 inserting ‘‘section 26(a)’’. 

21 (C) CREDIT FOR INTEREST ON CERTAIN

22 HOME MORTGAGES.—Section 25(e)(1)(C) of 

23 such Code is amended to read as follows: 

24 ‘‘(C) APPLICABLE TAX LIMIT.—For pur25 poses of this paragraph, the term ‘applicable 


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1 tax limit’ means the limitation imposed by sec2 tion 26(a) for the taxable year reduced by the 

3 sum of the credits allowable under this subpart 

4 (other than this section and sections 23, 25D, 

5 and 1400C).’’. 

6 (D) SAVERS’ CREDIT.—Section 25B of 

7 such Code is amended by striking subsection 

8 (g). 

9 (E) RESIDENTIAL ENERGY EFFICIENT

10 PROPERTY.—Section 25D(c) of such Code is 

11 amended to read as follows: 

12 ‘‘(c) CARRYFORWARD OF UNUSED CREDIT.—If the 

13 credit allowable under subsection (a) exceeds the limita14 tion imposed by section 26(a) for such taxable year re15 duced by the sum of the credits allowable under this sub16 part (other than this section), such excess shall be carried 

17 to the succeeding taxable year and added to the credit al18 lowable under subsection (a) for such succeeding taxable 

19 year.’’. 

20 (F) CERTAIN PLUG-IN ELECTRIC VEHI21 CLES.—Section 30(c)(2) of such Code is 

22 amended to read as follows: 

23 ‘‘(2) PERSONAL CREDIT.—For purposes of this 

24 title, the credit allowed under subsection (a) for any 

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1 graph (1)) shall be treated as a credit allowable 

2 under subpart A for such taxable year.’’. 

3 (G) ALTERNATIVE MOTOR VEHICLE CRED4 IT.—Section 30B(g)(2) of such Code is amend5 ed to read as follows: 

6 ‘‘(2) PERSONAL CREDIT.—For purposes of this 

7 title, the credit allowed under subsection (a) for any 

8 taxable year (determined after application of para9 graph (1)) shall be treated as a credit allowable 

10 under subpart A for such taxable year.’’. 

11 (H) NEW QUALIFIED PLUG-IN ELECTRIC

12 VEHICLE CREDIT.—Section 30D(c)(2) of such 

13 Code is amended to read as follows: 

14 ‘‘(2) PERSONAL CREDIT.—For purposes of this 

15 title, the credit allowed under subsection (a) for any 

16 taxable year (determined after application of para17 graph (1)) shall be treated as a credit allowable 

18 under subpart A for such taxable year.’’. 

19 (I) CROSS REFERENCES.—Section 55(c)(3) 

20 of such Code is amended by striking ‘‘26(a), 

21 30C(d)(2),’’ and inserting ‘‘30C(d)(2)’’. 

22 (J) FOREIGN TAX CREDIT.—Section 904 of 

23 such Code is amended by striking subsection (i) 

24 and by redesignating subsections (j), (k), and 

25 (l) as subsections (i), (j), and (k), respectively. 


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1 (K) FIRST-TIME HOME BUYER CREDIT FOR

2 THE DISTRICT OF COLUMBIA.—Section 

3 1400C(d) of such Code is amended to read as 

4 follows: 

5 ‘‘(d) CARRYFORWARD OF UNUSED CREDIT.—If the 

6 credit allowable under subsection (a) exceeds the limita7 tion imposed by section 26(a) for such taxable year re8 duced by the sum of the credits allowable under subpart 

9 A of part IV of subchapter A (other than this section and 

10 section 25D), such excess shall be carried to the suc11 ceeding taxable year and added to the credit allowable 

12 under subsection (a) for such taxable year.’’. 

13 (c) EFFECTIVE DATE.—The amendments made by 

14 this section shall apply to taxable years beginning after 

15 December 31, 2009. 

Æ 


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