Congressional Record
107th Congress (2001-2002)
THIS SEARCH THIS DOCUMENT THIS CR ISSUE GO TO Next Hit Forward Next Document New CR Search Prev Hit Back Prev Document HomePage Hit List Best Sections Daily Digest Help Contents Display
Printer Friendly Display - 1,036,230 bytes.[Help]
Page: H2726
Mr. THOMAS submitted the following conference report and statement on the bill...
Conference Report (H. Rept. 107-84)
TITLE I--INDIVIDUAL INCOME TAX RATE REDUCTIONS
TITLE II--TAX BENEFITS RELATING TO CHILDREN
TITLE III--MARRIAGE PENALTY RELIEF
TITLE IV--AFFORDABLE EDUCATION PROVISIONS
Subtitle A--Education Savings Incentives
Subtitle B--Educational Assistance
Subtitle C--Liberalization of Tax-Exempt Financing Rules for Public School...
Subtitle D--Other Provisions
TITLE V--ESTATE, GIFT, AND GENERATION-SKIPPING TRANSFER TAX PROVISIONS
Subtitle A--Repeal of Estate and Generation-Skipping Transfer Taxes
Subtitle B--Reductions of Estate and Gift Tax Rates
Subtitle C--Increase in Exemption Amounts
Subtitle D--Credit for State Death Taxes
Page: H2727
Subtitle E--Carryover Basis at Death; Other Changes Taking Effect With Repeal
Subtitle F--Conservation Easements
Subtitle G--Modifications of Generation-Skipping Transfer Tax
Subtitle H--Extension of Time for Payment of Estate Tax
Subtitle I--Other Provisions
TITLE VI--PENSION AND INDIVIDUAL RETIREMENT ARRANGEMENT PROVISIONS
Subtitle A--Individual Retirement Accounts
Subtitle B--Expanding Coverage
Subtitle C--Enhancing Fairness for Women
Subtitle D--Increasing Portability for Participants
Subtitle E--Strengthening Pension Security and Enforcement
Part I--General Provisions
Part II--Treatment of Plan Amendments Reducing Future Benefit Accruals
Subtitle F--Reducing Regulatory Burdens
Subtitle G--Miscellaneous Provisions
TITLE VII--ALTERNATIVE MINIMUM TAX
TITLE VIII--OTHER PROVISIONS
TITLE IX--COMPLIANCE WITH CONGRESSIONAL BUDGET ACT
TITLE I--INDIVIDUAL INCOME TAX RATE REDUCTIONS
Page: H2728
TITLE II--TAX BENEFITS RELATING TO CHILDREN
Page: H2729
Page: H2730
TITLE III--MARRIAGE PENALTY RELIEF
Page: H2731
TITLE IV--AFFORDABLE EDUCATION PROVISIONS
Subtitle A--Education Savings Incentives
Page: H2732
Page: H2733
Subtitle B--Educational Assistance
Subtitle C--Liberalization of Tax-Exempt Financing Rules for Public School...
Page: H2734
Subtitle D--Other Provisions
TITLE V--ESTATE, GIFT, AND GENERATION-SKIPPING TRANSFER TAX PROVISIONS
Subtitle A--Repeal of Estate and Generation-Skipping Transfer Taxes
Subtitle B--Reductions of Estate and Gift Tax Rates
Page: H2735
Subtitle C--Increase in Exemption Amounts
Subtitle D--Credit for State Death Taxes
Page: H2736
Subtitle E--Carryover Basis at Death; Other Changes Taking Effect With Repeal
Page: H2737
Page: H2738
Subtitle F--Conservation Easements
Subtitle G--Modifications of Generation-Skipping Transfer Tax
Page: H2739
Page: H2740
Subtitle H--Extension of Time for Payment of Estate Tax
Subtitle I--Other Provisions
TITLE VI--PENSION AND INDIVIDUAL RETIREMENT ARRANGEMENT PROVISIONS
Subtitle A--Individual Retirement Accounts
Page: H2741
Subtitle B--Expanding Coverage
Page: H2742
Page: H2743
Page: H2745
Subtitle C--Enhancing Fairness for Women
Page: H2746
Subtitle D--Increasing Portability for Participants
Page: H2747
Page: H2748
Page: H2749
Subtitle E--Strengthening Pension Security and Enforcement
Page: H2750
Page: H2751
Page: H2752
Subtitle F--Reducing Regulatory Burdens
Page: H2753
Subtitle G--Miscellaneous Provisions
Page: H2754
TITLE VII--ALTERNATIVE MINIMUM TAX
TITLE VIII--OTHER PROVISIONS
Page: H2755
TITLE IX--COMPLIANCE WITH CONGRESSIONAL BUDGET ACT
JOINT EXPLANATORY STATEMENT OF THE COMMITTEE OF CONFERENCE
I. MARGINAL TAX RATE REDUCTION
A. Individual Income Tax Rate Structure (secs. 2 and 3 of the House bill, Sec....
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
Page: H2757
CONFERENCE AGREEMENT
B. Increase Starting Point for Phase-Out of Itemized Deductions (sec. 102 of...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
C. Phase-out of Special Rules for Personal Exemptions (sec. 103 of the Senate...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
II. TAX BENEFITS RELATING TO CHILDREN
A. Increase and Expand the Child Tax Credit (sec. 2 of the House bill, secs....
PRESENT LAW
Page: H2759
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
B. Sense of the Senate Regarding Child Credit Expansion (Sec. 202 of the Senate...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
C. Extension and Expansion of Adoption Tax Benefits (Sec. 2 of H.R. 622, Sec....
PRESENT LAW
Page: H2760
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
D. Expansion of Dependent Care Tax Credit (sec. 205 of the Senate amendment and...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
E. Tax Credit for Employer-Provided Child Care Facilities (secs. 206 and 207 of...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
Page: H2761
CONFERENCE AGREEMENT
III. MARRIAGE PENALTY RELIEF PROVISIONS
A. Standard Deduction Marriage Penalty Relief (Sec. 2 of H.R. 6, Sec. 301 of...
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
B. Expansion of the 15-Percent Rate Bracket For Married Couples Filing Joint...
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
C. Marriage Penalty Relief and Simplification Relating to the Earned Income...
PRESENT LAW
Page: H2763
SENATE AMENDMENT
CONFERENCE AGREEMENT
IV. EDUCATION INCENTIVES
A. Modifications to Education IRAs (Sec. 401 and 414 of the Senate amendment...
PRESENT LAW
Page: H2764
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
B. Private Prepaid Tuition Programs; Exclusion From Gross Income of Education...
PRESENT LAW
Page: H2765
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
Page: H2766
C. Exclusion for Employer-Provided Educational Assistance (sec. 411 of the...
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
D. Modifications to Student Loan Interest Deduction (sec. 412 of the Senate...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
E. Eliminate Tax on Awards Under the National Health Service Corps Scholarship...
PRESENT LAW
Page: H2767
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
F. Tax Benefits for Certain Types of Bonds for Educational Facilities and...
PRESENT LAW
Page: H2768
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
G. Modify Rules Governing Tax-Exempt Bonds for Section 501(c)(3) Organizations...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
H. Deduction for Qualified Higher Education Expenses (Sec. 431 of the Senate...
PRESENT LAW
Page: H2769
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
I. Credit for Interest on Qualified Higher Education Loans (Sec. 432 of the...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
J. Deduction for Qualified Emergency Response Expenses of Eligible Emergency...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
K. Enhanced Deduction for Charitable Contribution of Book Inventory for...
PRESENT LAW
HOUSE BILL
Page: H2770
SENATE AMENDMENT
CONFERENCE AGREEMENT
L. Deduction for Qualified Professional Development Expenses of Elementary and...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
Credit for Classroom Materials (Sec. 443 of the Senate Amendment and new Sec....
PRESENT LAW
Page: H2771
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
V. ESTATE, GIFT, AND GENERATION-SKIPPING TRANSFER TAX PROVISIONS
A. Phaseout and Repeal of Estate and Generation-Skipping Transfer Taxes;...
PRESENT LAW
Page: H2772
Page: H2773
HOUSE BILL
Page: H2774
Page: H2775
SENATE AMENDMENT
Conference Agreement
Page: H2776
B. Expand Estate Tax Rule for Conservation Easements (Sec. 501 of H.R. 8, Sec....
PRESENT LAW
HOUSE BILL
Page: H2777
SENATE AMENDMENT
CONFERENCE AGREEMENT
C. Modify Generation-Skipping Transfer Tax Rules
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2778
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
Page: H2779
SENATE AMENDMENT
CONFERENCE AGREEMENT
D. Expand and Modify Availability of Installment Payment of Estate Tax for...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
VI. PENSION AND INDIVIDUAL RETIREMENT ARRANGEMENT PROVISIONS \55\
PRESENT LAW
Page: H2780
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
Page: H2781
B. Pension Provisions
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
Page: H2782
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2783
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
Page: H2784
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2785
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2786
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
Page: H2787
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
Page: H2788
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2789
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2790
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2791
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2792
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
Page: H2793
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
Page: H2794
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2795
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
Page: H2796
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
Page: H2797
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
Page: H2799
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
Page: H2800
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2801
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
Page: H2802
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2803
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
Page: H2804
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
Page: H2805
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
Page: H2806
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
PRESENT LAW
SENATE AMENDMENT
Page: H2807
CONFERENCE AGREEMENT
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
Page: H2808
CONFERENCE AGREEMENT
VII. ALTERNATIVE MINIMUM TAX
A. Individual Alternative Minimum Tax Relief (SEC. 3(c) OF H.R....
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
VIII. OTHER PROVISIONS
A. Modification to Corporate Estimated Tax Requirements (Secs. 801 and 815...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
B. Authority To Postpone Certain Tax-Related Deadlines by Reason of...
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
C. Income Tax Treatment of Certain Restitution Payments to Holocaust Victims...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
Page: H2809
CONFERENCE AGREEMENT
D. Treatment of Survivor Annuity Payments with Respect to Public Safety...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
E. Circuit Breaker (Sec. 805 of the Senate Amendment)
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
F. Acceleration of Health Insurance Deduction for Self-Employed Individuals...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
G. Enhanced Deduction for Charitable Contribution of Literary, Musical, and...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
Page: H2810
CONFERENCE AGREEMENT
H. Estate Tax Recapture from Cash Rents of Specially-Valued Property (Sec. 809...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
I. Extension of Research and Experimentation Tax Credit and New Vaccine...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
Page: H2811
CONFERENCE AGREEMENT
J. Acceleration of Round II Empowerment Zone Wage Credit (Sec. 812 of the...
PRESENT LAW
SENATE AMENDMENT
CONFERENCE AGREEMENT
K. Treatment of Certain Hospital Support Organizations in Determining...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
L. Modify Rules Governing Tax-Exempt Bonds for Certain Private Water Facilities...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
M. Combined Employment Tax Reporting (Sec. 816 of the Senate Amendment and Sec....
PRESENT LAW
SENATE AMENDMENT
Page: H2812
CONFERENCE AGREEMENT
N. Reporting Requirements of State and Local Political Organizations (Secs....
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
Page: H2813
IX. COMPLIANCE WITH CONGRESSIONAL BUDGET ACT (Secs. 111, 211, 311, 451, 581,...
PRESENT LAW
HOUSE BILL
SENATE AMENDMENT
CONFERENCE AGREEMENT
X. TAX COMPLEXITY ANALYSIS
Page: H2814
Complexity Analysis of Economic Growth and Tax Relief Reconciliation Act of 2001
NEW 10-PERCENT RATE BRACKET AND REDUCTION IN OTHER RATE BRACKETS
CHILD TAX CREDIT
STANDARD DEDUCTION FOR MARRIED TAXPAYERS FILING JOINTLY
Page: H2815
15-PERCENT RATE BRACKET FOR MARRIED TAXPAYERS FILING JOINTLY
Page: H2816
Page: H2817
Page: H2818
Page: H2819
Page: H2820
Page: H2821
Page: H2822
Page: H2823
THIS SEARCH THIS DOCUMENT THIS CR ISSUE GO TO Next Hit Forward Next Document New CR Search Prev Hit Back Prev Document HomePage Hit List Best Sections Daily Digest Help Contents Display
