H.R.5473 - Student Savings Act of 2006

To repeal the increase in tax on unearned income of minor children enacted by the Tax Increase Prevention and Reconciliation Act of 2005. view all titles (2)

All Bill Titles

  • Short: Student Savings Act of 2006 as introduced.
  • Official: To repeal the increase in tax on unearned income of minor children enacted by the Tax Increase Prevention and Reconciliation Act of 2005. as introduced.

This Bill currently has no wiki content. If you would like to create a wiki entry for this bill, please Login, and then select the wiki tab to create it.

Bill’s Views

  • Today: 1
  • Past Seven Days: 3
  • All-Time: 419
 
Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
05/24/06
 
 
 
 
 
 
 

Official Summary

Student Savings Act of 2006 - Repeals the provision of the Tax Increase Prevention and Reconciliation Act of 2005 which subjects the passive income of minor children under the age of 18 (formerly, under the age of 14) to the marginal income tax rates of their parents. Imposes a surtax on in

Official Summary

Student Savings Act of 2006 - Repeals the provision of the Tax Increase Prevention and Reconciliation Act of 2005 which subjects the passive income of minor children under the age of 18 (formerly, under the age of 14) to the marginal income tax rates of their parents. Imposes a surtax on individual adjusted gross income over $1 million to compensate for revenue losses resulting from such repeal.

...Read the Rest




Vote on This Bill

-% Users Support Bill

0 in favor / 0 opposed
 

Send Your Rep a Letter

about this bill Support Oppose Tracking
Track with MyOC