Marriage Penalty Relief Act

1/17/2023, 12:18 AM
Marriage Penalty Relief Act - Amends the Internal Revenue Code (the Code) to permit a husband and wife to make a combined return of income taxes under which: (1) a separate taxable income is determined for each spouse by applying the rules provided in this Act; and (2) the tax imposed by section 1 (tax rates on individuals) of the Code is the aggregate amount resulting from applying the separate rates set forth in section 1(c) (rates applicable to unmarried individuals) to each such taxable income.
Congress
107
Number
HR - 1190
Introduced on
2001-03-22
# Amendments
0
Sponsors
+5

Variations and Revisions

3/22/2001
Text
PDF

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Marriage Penalty Relief Act - Amends the Internal Revenue Code (the Code) to permit a husband and wife to make a combined return of income taxes under which: (1) a separate taxable income is determined for each spouse by applying the rules provided in this Act; and (2) the tax imposed by section 1 (tax rates on individuals) of the Code is the aggregate amount resulting from applying the separate rates set forth in section 1(c) (rates applicable to unmarried individuals) to each such taxable income.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to permit a husband and wife to file a combined return to which separate tax rates apply.
Policy Areas
Taxation
Potential Impact
Balanced budgets•
Earned income tax credit•
Economics and Public Finance•
Families•
Government trust funds•
Health•
Income tax•
Married people•
Medicare•
Minimum tax•
Old age, survivors and disability insurance•
Personal income tax•
Social Welfare•
Social security finance•
Tax credits•
Tax deductions•
Tax exclusion•
Tax exemption•
Tax penalties•
Tax rates•
Tax returns

Comments

Related

Member:  Jim Matheson
Bill Update Alert:  Economic Growth and Tax Relief Reconciliation Act of 2001

Recent Activity

Latest Summary11/28/2006
Marriage Penalty Relief Act - Amends the Internal Revenue Code (the Code) to permit a husband and wife to make a combined return of income taxes under which: (1) a separate taxable income is determined for each spouse by applying the rules provided i...
Latest Action8/13/2001
See H.R.1836.