To amend the Internal Revenue Code of 1986 to permanently extend the 10-percent individual income tax rate bracket.

Bill: 108-hr-4275
Sponsor: Rep. Sessions, Pete [R-TX-32]
Introduced: 2004-05-05 in the House
Policy area: Taxation
Subjects: Congress
Cost of living adjustments
Economics and Public Finance
Income tax
Indexing (Economic policy)
Sunset legislation
Tax rates
Withholding tax

Summary:
action_date: 2004-05-05
text: 
Amends the Internal Revenue Code to make permanent the increased upper limit amounts for the ten percent income tax rate bracket for individual taxpayers ($14,000 for married taxpayers filing joint tax returns and surviving spouses, $10,000 for heads of household, and $7,000 for unmarried individuals and married individuals filing separately). Allows an inflation adjustment to such amounts for married taxpayers filing joint tax returns, surviving spouses, and heads of household for taxable years beginning after 2003 based on the difference from the Consumer Price Index for 2002.

action_date: 2004-05-13
text: 

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

 
Amends the Internal Revenue Code to make permanent the increased upper limit amounts for the ten percent income tax rate bracket for individual taxpayers ($14,000 for married taxpayers filing joint tax returns and surviving spouses, $10,000 for heads of household, and $7,000 for unmarried individuals and married individuals filing separately). Allows an inflation adjustment to such amounts for married taxpayers filing joint tax returns, surviving spouses, and heads of household for taxable years beginning after 2003 based on the difference from the Consumer Price Index for 2002.


Legislative actions:
action_date: 2004-05-18
text: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 518.
action_date: 2004-05-17
text: Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
action_date: 2004-05-13
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2004-05-13
text: On passage Passed by recorded vote: 344 - 76 (Roll no. 170). (text: CR H2933)
action_date: 2004-05-13
text: Passed/agreed to in House: On passage Passed by recorded vote: 344 - 76 (Roll no. 170).(text: CR H2933)
action_date: 2004-05-13
text: DEBATE - The House proceeded with one hour of debate on the Tanner amendment in the nature of a substitute.
action_date: 2004-05-13
text: DEBATE - The House proceeded with one hour of debate on H.R. 4275.
action_date: 2004-05-13
text: Rule provides for consideration of H.R. 4275 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order.
action_date: 2004-05-13
text: Considered under the provisions of rule H. Res. 637. (consideration: CR H2933-2949)
action_date: 2004-05-12
text: Rule H. Res. 637 passed House.
action_date: 2004-05-11
text: Rules Committee Resolution H. Res. 637 Reported to House. Rule provides for consideration of H.R. 4275 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order.
action_date: 2004-05-05
text: Referred to the House Committee on Ways and Means.
action_date: 2004-05-05
text: Introduced in House
action_date: 2004-05-05
text: Introduced in House