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United States · Bill · HR

H.R. 7005 (110th)

Alternative Minimum Tax Relief Act of 2008

openUnited States· United States Congress· EN

Introduced

23 September 2008

Last action

11 December 2008 · Vote

Status

Motion by Senator Reid to reconsider the vote by which cloture on the motion to proceed to the measure (Record Vote No. 215] was not invoked entered in Senate. (consideration: CR S10931)

Sponsors

Rep. Rangel, Charles B. [D-NY-19], Rep. McCrery, Jim [R-LA-4], Rep. McDermott, Jim [D-WA-7], Rep. Herger, Wally [R-CA-2], JOHN LEWIS, KEVIN BRADY, Richard Neal, Earl Blumenauer, Rep. Reynolds, Thomas M. [R-NY-26], Bill Pascrell, Rep. Porter, Jon C. [R-NV-3], Rep. Berkley, Shelley [D-NV-1], JOSEPH CROWLEY, Chris Van Hollen, Rep. Meek, Kendrick B. [D-FL-17]

Subjects

Taxation

Source updated

7 April 2025

Taxation

Summary

Alternative Minimum Tax Relief Act of 2008 - Amends the Internal Revenue Code to extend through 2008 for individual taxpayers: (1) the offset of nonrefundable personal tax credits against regular and alternative minimum tax (AMT) liability; and (2) the increased alternative minimum tax (AMT) exemption amounts. Increases the alternative minimum tax (AMT) refundable credit amount for individuals who have long-term unused minimum tax credits from prior taxable years. Abates any underpayment of tax attributable to the application of special AMT rules for the treatment of incentive stock options.

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

Timeline

  1. 23 September 2008

    Introduced

    Referred to the House Committee on Ways and Means.

    Source: IntroReferral

  2. 23 September 2008

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 23 September 2008

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 24 September 2008

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  5. 24 September 2008

    Floor

    Mr. Neal (MA) moved to suspend the rules and pass the bill.

    Source: Floor

  6. 24 September 2008

    Introduced

    Received in the Senate.

    Source: IntroReferral

  7. 24 September 2008

    Passed

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

    Source: Floor

  8. 24 September 2008

    Vote

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 393 - 30 (Roll no. 634). (text: CR H9306-9307)

    Source: Floor

  9. 24 September 2008

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 393 - 30 (Roll no. 634).(text: CR H9306-9307)

    Source: Floor

  10. 24 September 2008

    Floor

    Considered under suspension of the rules. (consideration: CR H9306-9311)

    Source: Floor

  11. 24 September 2008

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 7005.

    Source: Floor

  12. 8 December 2008

    Calendars

    Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

    Source: Calendars

  13. 9 December 2008

    Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 1128.

    Source: Calendars

  14. 10 December 2008

    Floor

    Motion to proceed to consideration of measure made in Senate. (consideration: CR S10859)

    Source: Floor

  15. 11 December 2008

    Vote

    Cloture on the motion to proceed to the measure not invoked in Senate by Yea-Nay Vote. 52 - 35. Record Vote Number: 215. (consideration: CR S10931; text: CR S10931)

    Source: Floor

Votes

11 December 2008 · Cloture Motion Rejected · On the Cloture Motion H.R. 7005 · Cloture Motion Rejected · Official source

Yes 52 · No 35 · Abstain · Absent/not voting 12

Showing the first 8 recorded positions. Vote totals above are complete.

Versions

Documents

8 official files

Placed on Calendar Senate (text)

View fileDownload file

Sponsors

Related records

Sources

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