IDEA Full Funding Act

Summary

IDEA Full Funding Act - Amends the Individuals with Disabilities Education Act (IDEA) to reauthorize and make appropriations through FY2024 for the grant program to assist states and outlying areas to provide special education and related services to children with disabilities. Amends the Internal Revenue Code to require an individual taxpayer whose adjusted gross income exceeds $1 million to pay a minimum tax rate of 30% of the excess of the taxpayer's adjusted gross income over the taxpayer's modified charitable contribution deduction for the taxable year (tentative fair share tax). Establishes the amount of such tax as the excess (if any) of the tentative fair share tax over the excess of: (1) the sum of the taxpayer's regular tax liability, the alternative minimum tax (AMT) amount, and the payroll tax for the taxable year; over (2) certain tax credits. Provides for a phase-in of such tax. Requires an inflation adjustment to the $1 million income threshold for taxable years beginning after 2016.

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Timeline

1. 10 September 2014

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 10 September 2014

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 10 September 2014

   Introduced

   Sponsor introductory remarks on measure. (CR S5509-5510)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in Senate · 10 September 2014 · Download file

Documents

3 official files

• Introduced in Senate (text)

  Introduced in Senate · EN · 10 September 2014

  ViewDownloadOpen at official source

• Introduced in Senate (PDF)

  Introduced in Senate · EN · 10 September 2014

  ViewDownloadOpen at official source

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• Introduced in Senate

  summary · EN · 10 September 2014

  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

• Sen. Harkin, Tom [D-IA] · D · Sponsor
• Sen. Leahy, Patrick J. [D-VT] · D · Sponsor
• Sen. Durbin, Richard J. [D-IL] · D · Sponsor
• Sen. Murray, Patty [D-WA] · D · Sponsor
• Sen. Whitehouse, Sheldon [D-RI] · D · Sponsor
• Sen. Reed, Jack [D-RI] · D · Sponsor
• Sen. Johnson, Tim [D-SD] · D · Sponsor
• Sen. Bennet, Michael F. [D-CO] · D · Sponsor
• Sen. Shaheen, Jeanne [D-NH] · D · Sponsor
• Sen. Casey, Robert P., Jr. [D-PA] · D · Sponsor
• Sen. Blumenthal, Richard [D-CT] · D · Sponsor
• Sen. Warren, Elizabeth [D-MA] · D · Sponsor
• Sen. Hagan, Kay R. [D-NC] · D · Sponsor
• Sen. Mikulski, Barbara A. [D-MD] · D · Cosponsor
• Sen. Franken, Al [D-MN] · D · Cosponsor
• Sen. Baldwin, Tammy [D-WI] · D · Cosponsor
• · ssfi00 · Standing

Related records

• related to → Stop the Sequester Job Loss Now Act
• related to → Paying a Fair Share Act of 2013
• related to → IDEA Full Funding Act
• related to → Bank on Students Emergency Loan Refinancing Act
• related to → IDEA Full Funding Act
• related to → Job Preservation and Economic Certainty Act of 2013
• related to → Job Preservation and Sequester Replacement Act of 2013
• related to → Paying a Fair Share Act of 2013

Showing 8 of 11 related records.