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Tax Activity in the 107th Congress (CRS Report for Congress)

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Release Date Revised Jan. 14, 2003
Report Number RS20264
Report Type Report
Authors Jane G. Gravelle, Government and Finance Division
Source Agency Congressional Research Service
Older Revisions
  • Premium   Revised July 18, 2002 (6 pages, $24.95) add
  • Premium   June 17, 2002 (6 pages, $24.95) add
Summary:

After passing a major multi-year tax cut in Mid-2001 (which was sunsetted after 10 years) and a stimulus bill in 2002, Congress considered, but did not complete, work on energy tax subsidies, tax incentives for charitable giving deductions, pension diversification in the wake of the ENRON problems, and tax shelters. The House passed several bills that would make the multiyear tax cut permanent as well as a bill to speed up certain provisions. This report will not be updated.