H.R. 703 · 109th Congress
AMT Middle Class Fairness Act of 2005
- Stage
- In committee
- Sponsor
- Scott Garrett
- Introduced
- 2005-02-09
- Latest action
- 2005-11-16 · Sponsor introductory remarks on measure.
Summary
AMT Middle Class Fairness Act of 2005 - Amends the Internal Revenue Code to: (1) allow as a deduction against alternative minimum taxable income certain State and local taxes; and (2) provide for an inflation adjustment of the alternative minimum tax exemption amount for individual taxpayers.