Small Employer Tax Relief Act of 2001

Summary

Small Employer Tax Relief Act of 2001 - Amends Internal Revenue Code small business provisions to: (1) permit a 100 percent deduction for the health insurance costs of the self-employed; (2) repeal the Federal unemployment surtax; (3) increase the dollar expensing limitation; (4) increase the deduction for business meals; (5) permit use of the cash method of accounting; (6) repeal the alternative minimum tax on individuals; (7) make the research credit permanent; (8) provide credits for long-term training of employees in highly skilled small business trades, for dry or wet cleaning equipment using nonhazardous primary process solvents, and for recycling or remanufacturing equipment; (9) specify that computer software is eligible for expensing; (10) provide a two-year recovery period for computers, software, and peripheral equipment; (11) eliminate the income-based limitation on the use the preceding year's tax respecting estimated tax payments; (12) exclude from partnership filing requirements married couple-business owners; (13) increase the self-employment tax threshold amount; (14) repeal the recognition of gain rule for home offices that are part of a principal residence sale; (15) revise certain taxpayer protections; and (16) repeal failure-to-pay and interest penalty provisions.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 15 March 2001

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

2. 15 March 2001

   Introduced

   Introduced in House

   Source: IntroReferral

3. 15 March 2001

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 15 March 2001 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 15 March 2001

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 15 March 2001

  ViewDownloadOpen at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 15 March 2001

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Manzullo, Donald A. [R-IL-16] · R · Sponsor
• Rep. Velázquez, Nydia M. [D-NY-7] · D · Sponsor
• Rep. Hefley, Joel [R-CO-5] · R · Sponsor
• Rep. Kelly, Sue W. [R-NY-19] · R · Sponsor
• Rep. Issa, Darrell [R-CA-48] · R · Sponsor
• Rep. Grucci, Felix J., Jr. [R-NY-1] · R · Sponsor
• Sen. Toomey, Patrick [R-PA] · R · Cosponsor
• Rep. Foley, Mark [R-FL-16] · R · Cosponsor
• Rep. Terry, Lee [R-NE-2] · R · Cosponsor
• Sen. Capito, Shelley Moore [R-WV] · R · Cosponsor
• Rep. Ferguson, Mike [R-NJ-7] · R · Cosponsor
• Rep. Fossella, Vito [R-NY-13] · R · Cosponsor
• Sen. Blunt, Roy [R-MO] · R · Cosponsor
• Rep. Cox, Christopher [R-CA-48] · R · Cosponsor
• Sen. Isakson, Johnny [R-GA] · R · Cosponsor
• Rep. Clement, Bob [D-TN-5] · D · Cosponsor
• Rep. McGovern, James P. [D-MA-2] · D · Cosponsor
• Rep. Keller, Ric [R-FL-8] · R · Cosponsor
• Sen. DeMint, Jim [R-SC] · R · Cosponsor
• Rep. Souder, Mark E. [R-IN-3] · R · Cosponsor
• Rep. Bartlett, Roscoe G. [R-MD-6] · R · Cosponsor
• Rep. Lampson, Nick [D-TX-22] · D · Cosponsor
• Rep. Hoekstra, Peter [R-MI-2] · R · Cosponsor
• · hswm00 · Standing

Related records

No cross-record relationships stored yet.