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6/6/2008--Introduced.<br/>Alternative Minimum Tax and Extenders Tax Relief Act of 2008 - Amends the Internal Revenue Code to extend expiring provisions relating to the alternative minimum tax, individual and business taxpayers, energy conservation, and tax administration. Extends through 2008 for individual taxpayers: (1) the offset of nonrefundable personal tax credits against regular and alternative minimum tax (AMT) liabilities; and (2) the increased AMT exemption amounts. Extends through 2009: (1) the election to deduct state and local sales taxes in lieu of state and local income taxes; (2) the tax deductions for qualified tuition and related expenses and for certain expenses of elementary and secondary school teachers; (3) tax-free distributions from individual retirement accounts (IRAs) for charitable purposes; and (4) tax rules for treatment of stock and dividends of regulated investment companies and for qualified investment entities.<br/>Extends through 2009 various business-related tax provisions, including: (1) the tax credit for increasing research activities; (2) the new markets tax credit; (3) the subpart F income exemption for active financing income; (4) accelerated depreciation for qualified leasehold and restaurant improvements, for business property on Indian reservations, and for motorsports racing track facilities; (5) the expanded tax deductions for charitable contributions of food and book inventories by noncorporate taxpayers; (6) the special rules for related controlled foreign corporations and for the tax treatment of certain payments to tax-exempt organizations by a controlled subsidiary; (7) the special rule for reductions in the basis of S corporation stock for charitable contributions of property; (8) the increase in alcohol excise taxes payable to Puerto Rico and the Virgin Islands; (9) the economic development credit for American Samoa; (10) tax incentives for mine rescue team training and advanced mine safety equipment; (11) expensing allowances for film and television production costs and for environmental remediation costs; (12) the tax deduction for income attributable to domestic production activities in Puerto Rico; (13) issuance authority for qualified zone academy bonds; (14) the Indian employment tax credit; (15) the tax credit for railroad track maintenance; and (16) work opportunity tax credit eligibility for Hurricane Katrina employees (through August 28, 2009).<br/>Extends through 2009 tax credits for: (1) production of electricity from certain renewable resources; (2) residential energy efficient property expenditures; (3) investment in clean renewable energy bonds; (4) energy efficient improvements to principal residences; (5) new energy efficient home expenditures; (6) energy efficient home appliances produced after 2007; and (7) biodiesel, renewable, and certain alternative fuels. Includes marine and hydrokinetic renewable energy as a renewable resource for purposes of the tax credit for producing electricity from renewable resources.<br/>Extends through 2016 the investment tax credit for solar energy, fuel cell, and microturbine property. Repeals the dollar per kilowatt limitation on fuel cell property. Allows the offset of energy tax credit amounts against the AMT. Allows public electric utility property to qualify for the energy investment tax credit. Extends through 2009: (1) the tax deduction for energy efficient commercial buildings; and (2) the suspension of the taxable income limitation on percentage depletion for oil and natural gas produced from marginal properties.<br/>Makes permanent IRS authority to: (1) conduct undercover operations; (2) disclose tax information to state agencies to facilitate combined employment tax reporting; and (3) disclose tax return information to the Department of Veteran Affairs (VA) for veterans benefit determinations. Extends through 2009 IRS authority to disclose tax return information related to terrorist activities.<br/>

1212984000 2008-06-09 Fri Nov 07 18:47:36 -0600 2008 introduced 51028 'act':8 'tax':3,6 '2008':10 'altern':1 'extend':5 'relief':7 'minimum':2 60972 false short introduced 51028 '1986':10 'bill':2 'code':8 'amend':4 'expir':14 'extend':12 'intern':6 'provis':15 'purpos':19 'revenu':7 'certain':13 60405 false official calendar 51028 1212984000 Mon Jun 09 00:00:00 -0500 2008 160875 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 771. M000355 1942-02-20 361-a Russell Senate Office Building http://mcconnell.senate.gov/contact_form.cfm 202-224-2499 Mitch 'r':4 'ky':5 'sen':1 'mitch':2,6,8 'mcconnel':3,7,9 M 300072 McConnell Mitch_McConnell Sen. Mitch McConnell [R, KY] N00003389 11194 Republican 202-224-2541 Baptist KY Mitch McConnell 2.55384615384615 http://mcconnell.senate.gov/ RepublicanLeader B001066 1931-10-23 316 Hart Senate Office Building http://bunning.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-1373 Jim 'r':4 'ky':5 'bun':3,7,9 'jim':2,6,8 'sen':1 M 300014 Bunning Jim_Bunning Sen. Jim Bunning [R, KY] N00003437 9081 Republican 202-224-4343 Roman Catholic KY Jim Bunning 2.57575757575758 http://bunning.senate.gov/public/ C000286 1943-11-10 416 Russell Senate Office Building http://chambliss.senate.gov/public/index.cfm?p=Email 202-224-0103 Saxby 'r':4 'ga':5 'sen':1 'saxbi':2,6,8 'chambliss':3,7,9 M 300021 Chambliss Saxby_Chambliss Sen. Saxby Chambliss [R, GA] N00002685 12836 Republican 202-224-3521 Episcopalian GA Saxby Chambliss 4.10344827586207 http://chambliss.senate.gov/public/index.cfm C001056 1952-02-02 517 Hart Senate Office Building http://cornyn.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-2856 John 'r':4 'tx':5 'sen':1 'john':2,6,8 'cornyn':3,7,9 M 300027 Cornyn John_Cornyn Sen. John Cornyn [R, TX] N00024852 32281 Republican 202-224-2934 Church of Christ TX John Cornyn 4.128 http://cornyn.senate.gov/public/ senjohncornyn C000880 1951-05-20 239 Dirksen Senate Office Building http://crapo.senate.gov/contact/email.cfm 202-228-1375 Michael 'r':4 'id':5 'sen':1 'crapo':3,7,9 'michael':2,6,8 M 300030 Crapo Michael_Crapo D. Sen. Michael Crapo [R, ID] N00006267 7541 Republican 202-224-6142 Latter Day Saints ID Mike Michael Crapo 4.80769230769231 http://crapo.senate.gov D000601 1936-07-29 Elizabeth 'dole':2,4,6 'elizabeth':1,3,5 F 300035 Dole Elizabeth_Dole H. Elizabeth Dole N00008071 7372 Republican Presbyterian Elizabeth Dole 5.0 E000194 1958-03-25 119 Russell Senate Office Building http://ensign.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-2193 John 'r':4 'nv':5 'sen':1 'john':2,6,8 'ensign':3,7,9 M 300040 Ensign John_Ensign Eric Sen. John Ensign [R, NV] N00006619 9996 Republican 202-224-6244 Christian NV John Ensign 3.81578947368421 http://ensign.senate.gov/public/ SenatorEnsign E000285 1944-02-01 379a Russell Senate Office Building http://enzi.senate.gov/public/index.cfm?FuseAction=ContactInformation.EmailSenatorEnzi 202-228-0359 Michael 'r':4 'wy':5 'sen':1 'enzi':3,7,9 'michael':2,6,8 M 300041 Enzi Michael_Enzi B. Sen. Michael Enzi [R, WY] N00006249 6997 Republican 202-224-3424 Presbyterian WY Mike Michael Enzi 3.22727272727273 http://enzi.senate.gov/public/ SenatorEnzi G000386 1933-09-17 135 Hart Senate Office Building http://grassley.senate.gov/contact.cfm 202-224-6020 Charles 'r':4 'ia':5 'sen':1 'charl':2,6,9 'chuck':8 'grassley':3,7,10 M 300048 Grassley Chuck_Grassley E. Sen. Charles Grassley [R, IA] Chuck N00001758 11743 Republican 202-224-3744 Baptist IA Chuck Charles Grassley 3.96551724137931 http://grassley.senate.gov SenChuckGrassley H000338 1934-03-22 104 Hart Senate Office Building http://hatch.senate.gov/public/index.cfm?FuseAction=Offices.Contact 202-224-6331 Orrin 'r':4 'ut':5 'sen':1 'hatch':3,7,9 'orrin':2,6,8 M 300052 Hatch Orrin_Hatch G. Sen. Orrin Hatch [R, UT] N00009869 9139 Republican 202-224-5251 Latter Day Saints UT Orrin Hatch 2.77083333333333 http://hatch.senate.gov/public/ I000024 1934-11-17 453 Russell Senate Office Building http://inhofe.senate.gov/public/index.cfm?FuseAction=Contact.ContactForm 202-228-0380 James 'r':4 'ok':5 'jim':8 'sen':1 'jame':2,6,9 'inhof':3,7,10 M 300055 Inhofe James_Inhofe M. Sen. James Inhofe [R, OK] Jim N00005582 9367 Republican 202-224-4721 Presbyterian OK Jim James Inhofe 3.86206896551724 http://inhofe.senate.gov/public/ JimInhofePressOffice K000352 1942-04-25 730 Hart Senate Office Building http://kyl.senate.gov/contact.cfm 202-224-2207 Jon 'r':4 'az':5 'jon':2,6,8 'kyl':3,7,9 'sen':1 M 300062 Kyl Jon_Kyl Sen. Jon Kyl [R, AZ] N00006406 11044 Republican 202-224-4521 Presbyterian AZ Jon Kyl 2.4375 http://kyl.senate.gov/ SenJonKyl M001162 1946-10-23 356 Russell Senate Office Building http://martinez.senate.gov/public/?p=EmailSenatorMartinez 202-228-5171 Mel 'r':4 'fl':5 'mel':2,6,8 'sen':1 'martinez':3,7,9 M 400621 Martinez Mel_Martinez Sen. Mel Martinez [R, FL] N00026748 16176 Republican 202-224-3041 FL Mel Mel Martinez 3.20754716981132 http://martinez.senate.gov SenMartinezdotgov R000307 1936-04-20 109 Hart Senate Office Building http://roberts.senate.gov/e-mail_pat.html 202-224-3514 Pat 'r':4 'ks':5 'pat':2,6,8 'sen':1 'robert':3,7,9 M 300083 Roberts Pat_Roberts Sen. Pat Roberts [R, KS] N00005285 8132 Republican 202-224-4774 Methodist KS Pat Roberts 4.38461538461539 http://roberts.senate.gov/ S001078 1964-09-10 John 'john':1,3,5 'sununu':2,4,6 M 300095 Sununu John_Sununu E. John Sununu N00000397 5162 Republican Catholic John Sununu W000437 1951-07-05 487 Russell Senate Office Building http://wicker.senate.gov/public/index.cfm?FuseAction=Contact.EMailSenatorWicker 202-228-0378 Roger 'r':4 'ms':5 'sen':1 'roger':2,6,8 'wicker':3,7,9 M 400432 Wicker Roger_F._Wicker F. Sen. Roger Wicker [R, MS] N00003280 8356 Republican 202-224-6253 Southern Baptist MS Roger Wicker 3.83333333333333 http://wicker.senate.gov calendar 51028 1212984000 Mon Jun 09 00:00:00 -0500 2008 160875 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 771. action 51028 1212724800 Fri Jun 06 00:00:00 -0500 2008 159414 Read the first time. Placed on Senate Legislative Calendar under Read the First Time. introduced 51028 1212724800 Fri Jun 06 00:00:00 -0500 2008 159413