S.Amdt. 2499
What it does: Adds SEC. __. REDUCTIONS IN INDIVIDUAL CAPITAL GAINS AND DIVIDENDS TAX RATE MADE PERMANENT at the end of the bill
Sen. Mike Crapo (R-ID)What it changes
1 change to S. 2237 · shown in the bill's text
Adds SEC. __. REDUCTIONS IN INDIVIDUAL CAPITAL GAINS AND DIVIDENDS TAX RATE MADE PERMANENT at the end of the bill
Adds a sectionIn S. 2237 · Placed on Calendar Senate
(ii) multiplying the limitation under subparagraph (B)(ii) of such paragraph (as so in effect) by a fraction the numerator of which is the number of days in the taxable year after December 31, 2011, and the denominator of which is the number of days in the taxable year.
Inserted: SEC. __. REDUCTIONS IN INDIVIDUAL CAPITAL GAINS AND DIVIDENDS TAX RATE MADE PERMANENT.
Inserted: Section 303 of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (relating to sunset of title) is repealed.
Original wording
At the end, add the following:
Read automatically from the Congressional Record. Check the original before relying on it.
As printed
SA 2499. Mr. CRAPO submitted an amendment intended to be proposed by him to the bill S. 2237, to provide a temporary income tax credit for increased payroll and extend bonus depreciation for an additional year, and for other purposes; which was ordered to lie on the table; as follows:
At the end, add the following:
SEC. __. REDUCTIONS IN INDIVIDUAL CAPITAL GAINS AND DIVIDENDS TAX RATE MADE PERMANENT.
Section 303 of the Jobs and Growth Tax Relief Reconciliation Act of 2003 (relating to sunset of title) is repealed.
Legislative Activity
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Senate amendment submitted
July 10, 2012