H.R. 1942 · 110th Congress
AMT Middle Class Fairness Act of 2007
- Stage
- In committee
- Sponsor
- Scott Garrett
- Introduced
- 2007-04-19
- Latest action
- 2007-04-19 · Introduced in House
Summary
AMT Middle Class Fairness Act of 2007 - Amends Internal Revenue Code provisions relating to the alternative minimum tax (AMT) on individuals to: (1) allow a deduction from such tax for state and local taxes; and (2) adjust the AMT exemption amounts for inflation after 2006.