Tax Relief and Marriage Penalty Elimination Act of 2001

1/16/2023, 11:18 PM
Tax Relief and Marriage Penalty Elimination Act of 2001 - Amends the Internal Revenue Code to: (1) eliminate the marriage penalty for couples filing a single return jointly with respect to both tax rates and the standard deduction; and (2) after 2004, reduce individual tax rates.
Congress
107
Number
HR - 456
Introduced on
2001-02-06
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

2/6/2001
Text
PDF

Status of Legislation

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

Purpose and Summary

Tax Relief and Marriage Penalty Elimination Act of 2001 - Amends the Internal Revenue Code to: (1) eliminate the marriage penalty for couples filing a single return jointly with respect to both tax rates and the standard deduction; and (2) after 2004, reduce individual tax rates.
Alternative Names
Official Title as IntroducedTo amend the Internal Revenue Code of 1986 to eliminate the marriage penalty in the income tax rates and standard deduction and to reduce individual income tax rates.
Policy Areas
Taxation
Potential Impact
Cost of living adjustments•
Economics and Public Finance•
Families•
Income tax•
Indexing (Economic policy)•
Married people•
Personal income tax•
Tax deductions•
Tax rates

Comments

Related

Member:  Henry E. Brown, Jr.
Member:  Henry Bonilla
Member:  Virgil H. Goode Jr.
Member:  Frank A. LoBiondo
Member:  Denny Rehberg
Member:  Joel Hefley
Member:  Wayne T. Gilchrest
Member:  Dan Burton
Member:  Jo Ann Davis
Member:  John B. Shadegg
Member:  Steve Largent
Member:  Ron Paul
Member:  John T. Doolittle
Member:  Thomas G. Tancredo
Member:  Duncan Hunter
Member:  John N. Hostettler
Member:  Mike Pence
Member:  Mark E. Souder
Bill Update Alert:  Economic Growth and Tax Relief Reconciliation Act of 2001

Recent Activity

Latest Summary11/28/2006
Tax Relief and Marriage Penalty Elimination Act of 2001 - Amends the Internal Revenue Code to: (1) eliminate the marriage penalty for couples filing a single return jointly with respect to both tax rates and the standard deduction; and (2) after 2004...
Latest Action8/13/2001
See H.R.1836.