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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.
4/19/2007--Passed House without amendment. (There is 1 other summary) (This measure has not been amended since it was introduced. The summary of that version is repeated here.) 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.
Latest Actions
- 04/19/2007 - Rule H. Res. 317 passed House.
- 04/19/2007 - Considered under the provisions of rule H. Res. 317. (consideration: CR H3594-3600)
- 04/19/2007 - The previous question was ordered pursuant to the rule. (consideration: CR H3599)
- 04/19/2007 - Motion to reconsider laid on the table Agreed to without objection.
- 04/19/2007 - On passage Passed by the Yeas and Nays: 216 - 203 (Roll no. 232). (text: CR H3594)
show all actions- 04/19/2007 - Rule H. Res. 317 passed House.
- 04/19/2007 - Considered under the provisions of rule H. Res. 317. (consideration: CR H3594-3600)
- 04/19/2007 - The previous question was ordered pursuant to the rule. (consideration: CR H3599)
- 04/19/2007 - Motion to reconsider laid on the table Agreed to without objection.
- 04/19/2007 - On passage Passed by the Yeas and Nays: 216 - 203 (Roll no. 232). (text: CR H3594)
- 04/19/2007 - Pursuant to the provisions of H. Res. 317, H.R. 1906 is laid on the table. (consideration: CR H3600)
- 04/19/2007 - 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.
- 04/19/2007 - DEBATE - The House proceeded with one hour of debate on H.R. 1906.
- 04/18/2007 - Referred to the House Committee on Ways and Means.
- 04/18/2007 - 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.
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