To amend the Internal Revenue Code of 1986 to adjust the estimated tax payment safe harbor based on income for the preceding year in the case of individuals with adjusted gross income greater than $5 million.

Summary

Amends the Internal Revenue Code to increase (from 110% to 110.1%) the estimated tax payment safe harbor percentage for determining the amount of estimated tax payable by individual taxpayers whose adjusted gross income for the preceding taxable year exceeds $5 million.

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

Timeline

1. 18 April 2007

   Introduced

   Introduced in House

   Source: IntroReferral

2. 18 April 2007

   Reported

   Rules Committee Resolution H. Res. 317 Reported to House. Rule provides for consideration of H.R. 1905 and H.R. 1906. With respect to H.R. 1905, all points of order against the bill and against its consideration are waived except those arising under clause 9 or 10 of rule XXI. The bill shall be considered as read. The bill is closed to amendments and shall be considered in the House. With respect to H.R. 1906, all points of order against the bill and against its consideration are waived except those arising under clause 9 or 10 of rule XXI. The bill shall be considered as read. The bill is closed to amendments and shall be considered in the House.

   Source: Floor

3. 18 April 2007

   Introduced

   Referred to the House Committee on Ways and Means.

   Source: IntroReferral

4. 18 April 2007

   Introduced

   Introduced in House

   Source: IntroReferral

5. 19 April 2007

   Floor

   Pursuant to the provisions of H. Res. 317, H.R. 1906 is laid on the table. (consideration: CR H3600)

   Source: Floor

6. 19 April 2007

   Vote

   On passage Passed by the Yeas and Nays: 216 - 203 (Roll no. 232). (text: CR H3594)

   Source: Floor

7. 19 April 2007

   Passed

   Motion to reconsider laid on the table Agreed to without objection.

   Source: Floor

8. 19 April 2007

   Vote

   Passed/agreed to in House: On passage Passed by the Yeas and Nays: 216 - 203 (Roll no. 232).(text: CR H3594)

   Source: Floor

9. 19 April 2007

   Floor

   The previous question was ordered pursuant to the rule. (consideration: CR H3599)

   Source: Floor

10. 19 April 2007

    Floor

    Rule provides for consideration of H.R. 1905 and H.R. 1906. With respect to H.R. 1905, all points of order against the bill and against its consideration are waived except those arising under clause 9 or 10 of rule XXI. The bill shall be considered as read. The bill is closed to amendments and shall be considered in the House. With respect to H.R. 1906, all points of order against the bill and against its consideration are waived except those arising under clause 9 or 10 of rule XXI. The bill shall be considered as read. The bill is closed to amendments and shall be considered in the House.

    Source: Floor

11. 19 April 2007

    Floor

    Considered under the provisions of rule H. Res. 317. (consideration: CR H3594-3600)

    Source: Floor

12. 19 April 2007

    Passed

    Rule H. Res. 317 passed House.

    Source: Floor

Votes

No vote records are attached yet.

Versions

• Introduced in House · 18 April 2007 · Official file

Documents

4 official files

• Passed House without amendment

  summary · EN · 19 April 2007

  Open at official source

• Introduced in House (text)

  Introduced in House · EN · 18 April 2007

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 18 April 2007

  ViewDownloadOpen at official source

• Introduced in House

  summary · EN · 18 April 2007

  Open at official source

Sponsors

• Del. Norton, Eleanor Holmes [D-DC-At Large] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → Providing for consideration of the bill (H.R. 1905) to provide for the treatment of the District of Columbia as a Congressional district for purposes of representation in the House of Representatives, and for other purposes and providing for consideration of the bill (H.R. 1906) to amend the Internal Revenue Code of 1986 to adjust the estimated tax payment safe harbor based on income for the preceeding year in the case of individuals with adjusted gross income greater that $5 million.
• related to → District of Columbia House Voting Rights Act of 2007