AMT Relief Act of 2007

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The AMT Relief Act of 2007 (H.R.4351) was a bill in the 110th Congress "to amend the Internal Revenue Code of 1986 to provide individuals temporary relief from the alternative minimum tax, and for other purposes.” (Official title)[1]

Article summary (how summaries work)
  • Extends the alternative minimum tax limit for nonrefundable personal credits to 2007 and increases the amounts of exemption from $62,550 to $66,250 for joint tax returns and from $42,500 to $44,350 for individual tax returns (Secs. 101, 102).[2]
  • Requires non-ascertainable income that is included in nonqualified deferred compensation to be taxed, when the amount can be determined, at a rate increased by the amount of interest at the underpayment rate, plus one percent on the underpayments, and an additional 20 percent of the amount of the compensation (Sec. 201).[2]
  • Requires nonqualified deferred compensation arrangements made before December 31, 2007, to be amended in a limited time to comply with the distribution date of the amounts to be included in income (Sec. 201).[2]
  • Defers treating domestic corporations that are part of a worldwide affiliated group as an individual corporation for income tax purposes until December 31, 2017 (Sec. 221).[2]


Key votes

  • Vote to pass a bill that extends the alternative minimum tax credit and adjusts the repayment plan for nonqualified deferred compensation.[2]

Same for all scorecards:

Scored vote

Scorecard: National Journal 2007 House Scorecard

Org. position: {{{Vote position 1}}}


"Revise the alternative minimum tax to prevent coverage of additional taxpayers, offset by increasing taxes on offshore income. December 12. (226-193)"

(Original scorecard available at:

Articles and resources

See also


  1. OpenCongress’ info page on AMT Relief Act of 2007 (H.R. 4351).
  2. 2.0 2.1 2.2 2.3 2.4 Project Vote Smart's info page on AMT Relief Act of 2007 (H.R. 4351).