U.S. Congress - H.R.3804 American Opportunity and Freedom Act of 2012
H.R.3804 - American Opportunity and Freedom Act of 2012
To permanently extend tax relief and repeal certain tax increases. view all titles (2)
All Bill Titles
- Short: American Opportunity and Freedom Act of 2012 as introduced.
- Official: To permanently extend tax relief and repeal certain tax increases. as introduced.
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Official Summary
1/23/2012--Introduced.American Opportunity and Freedom Act of 2012 - Repeals the terminating date (i.e., December 31, 2012) of: (1) the Economic Growth and Tax Relief Reconciliation Act of 2001, thus making such Act permanent; and (2) provisions of the Jobs and Growth Tax Relief ReconciliaOfficial Summary
1/23/2012--Introduced.American Opportunity and Freedom Act of 2012 - Repeals the terminating date (i.e., December 31, 2012) of:(1) the Economic Growth and Tax Relief Reconciliation Act of 2001, thus making such Act permanent; and
(2) provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 reducing tax rates on dividends and capital gains. Repeals the estate and generation-skipping transfer taxes for decedents dying and transfers made after December 31, 2010. Repeals the alternative minimum tax (AMT) for individuals for taxable years beginning after 2010. Repeals:
(1) the increase in the excise tax rate on tobacco products, and
(2) revenue offset provisions of the Patient Protection and Affordable Care Act (PPACA) and other tax provisions relating to the individual and employer mandate requiring the purchase of health insurance under PPACA.
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Recent News Coverage
GOP rep wants to kill the 'death tax'
HR 3804 also would prohibit all of the ObamaCare tax increases from taking effect in 2013. Another bill introduced earlier in the year, HR 1259, would repeal what opponents call the death tax, but it also would modify the gift tax. For 2011 and ...
Recent Blog Coverage
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Senate Cloture Vote Fails, Kicking The Other Can Back Two Weeks ...
This follows on a vote yesterday in the House to pass H.R. 3804, the energy and oil drilling revenue portions of the House transportation proposal. Kudos to Rep. Brian Bilbray (San Diego) for breaking with his party to vote NO ...
Senate Cloture Vote Fails, Kicking The Other Can Back Two Weeks ...
This follows on a vote yesterday in the House to pass H.R. 3804, the energy and oil drilling revenue portions of the House transportation proposal. Kudos to Rep. Brian Bilbray (San Diego) for breaking with his party to vote NO ...
Senate Cloture Vote Fails, Kicking The Other Can Back Two Weeks ...
This follows on a vote yesterday in the House to pass H.R. 3804, the energy and oil drilling revenue portions of the House transportation proposal. Kudos to Rep. Brian Bilbray (San Diego) for breaking with his party to vote NO ...
Latest Letters to Congress
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