Home > 106th Congressional Bills > H.R. 4182 (ih) To amend the Fair Labor Standards Act of 1938 to clarify the treatment of stock options under the Act. [Introduced in House] ...

H.R. 4182 (ih) To amend the Fair Labor Standards Act of 1938 to clarify the treatment of stock options under the Act. [Introduced in House] ...


Google
 
Web GovRecords.org








108th CONGRESS
  2d Session
                                H. R. 4181

 To amend the Internal Revenue Code of 1986 to permanently extend the 
increased standard deduction, and the 15-percent individual income tax 
  rate bracket expansion, for married taxpayers filing joint returns.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 21, 2004

 Mr. Gerlach (for himself, Mr. Weller, Mr. Hastings of Washington, Mr. 
  Greenwood, Mr. Vitter, Mr. Simmons, Mr. Cantor, Mr. Hensarling, Mr. 
 Shimkus, Mr. Toomey, Mrs. Miller of Michigan, Mr. Doolittle, Mr. Cox, 
  Mrs. Kelly, Mr. Murphy, Mr. Bartlett of Maryland, Mr. Shuster, Mr. 
   Crenshaw, Mr. Rohrabacher, Mr. Burr, Mr. Forbes, Mr. Keller, Mr. 
Gillmor, Mr. Schrock, Mr. Hayworth, Mr. Herger, Mr. McInnis, Ms. Dunn, 
  Mr. Rogers of Alabama, Mr. Ryun of Kansas, Mr. Brady of Texas, Mr. 
Hayes, Mr. Ballenger, Mr. Souder, Mr. Smith of Texas, Mr. Gibbons, Mr. 
 Istook, Mr. Otter, Mrs. Johnson of Connecticut, Mr. Wicker, Mr. Shaw, 
Mr. Crane, Mr. Graves, Mr. Wilson of South Carolina, Ms. Pryce of Ohio, 
    Mr. Tiberi, Mrs. Jo Ann Davis of Virginia, Mr. Barrett of South 
  Carolina, Mr. English, Mr. Pickering, Mr. Chocola, Mr. Porter, Mr. 
Hall, Mr. Terry, Mr. Rehberg, and Mr. Sweeney) introduced the following 
      bill; which was referred to the Committee on Ways and Means

_______________________________________________________________________

                                 A BILL


 
 To amend the Internal Revenue Code of 1986 to permanently extend the 
increased standard deduction, and the 15-percent individual income tax 
  rate bracket expansion, for married taxpayers filing joint returns.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. EXTENSION OF INCREASED STANDARD DEDUCTION FOR MARRIED 
              TAXPAYERS FILING JOINT RETURNS.

    (a) In General.--Paragraph (2) of section 63(c) of the Internal 
Revenue Code of 1986 (relating to basic standard deduction) is amended 
to read as follows:
            ``(2) Basic standard deduction.--For purposes of paragraph 
        (1), the basic standard deduction is--
                    ``(A) 200 percent of the dollar amount in effect 
                under subparagraph (C) for the taxable year in the case 
                of--
                            ``(i) a joint return, or
                            ``(ii) a surviving spouse (as defined in 
                        section 2(a)),
                    ``(B) $4,400 in the case of a head of household (as 
                defined in section 2(b)), or
                    ``(C) $3,000 in any other case.''.
    (b) Conforming Amendments.--
            (1) Section 63(c)(4) of such Code is amended by striking 
        ``(2)(D)'' each place it occurs and inserting ``(2)(C)''.
            (2) Section 63(c) of such Code is amended by striking 
        paragraph (7).
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2004.

SEC. 2. EXTENSION OF 15-PERCENT INDIVIDUAL INCOME TAX RATE BRACKET 
              EXPANSION FOR MARRIED TAXPAYERS FILING JOINT RETURNS.

    (a) In General.--Paragraph (8) of section 1(f) of the Internal 
Revenue Code of 1986 (relating to phaseout of marriage penalty in 15-
percent bracket) is amended to read as follows:
            ``(8) Elimination of marriage penalty in 15-percent 
        bracket.--With respect to taxable years beginning after 
        December 31, 2004, in prescribing the tables under paragraph 
        (1)--
                    ``(A) the maximum taxable income in the 15 percent 
                rate bracket in the table contained in subsection (a) 
                (and the minimum taxable income in the next higher 
                taxable income bracket in such table) shall be 200 
                percent of the maximum taxable income in the 15-percent 
                rate bracket in the table contained in subsection (c) 
                (after any other adjustment under this subsection), and
                    ``(B) the comparable taxable income amounts in the 
                table contained in subsection (d) shall be \1/2\ of the 
                amounts determined under subparagraph (A).''.
    (b) Conforming Amendment.--The heading for subsection (f) of 
section 1 of such Code is amended by striking ``Phaseout'' and 
inserting ``Elimination''.
    (c) Effective Date.--The amendments made by this section shall 
apply to taxable years beginning after December 31, 2004.

SEC. 3. REPEAL OF SUNSET.

    Title IX of the Economic Growth and Tax Relief Reconciliation Act 
of 2001 shall not apply to the amendments made by sections 301 and 302 
of such Act.
                                 <all>

Pages: 1

Other Popular 106th Congressional Bills Documents:

1 H.R. 3413 (ih) To amend the Safe and Drug-Free Schools and Communities Act of 1994 to provide comprehensive technical assistance and implement prevention programs that meet a high scientific standard of program effectiveness. [Introduced in House] %%Filen...
2 H.R. 3679 (ih) To provide for the minting of commemorative coins to support the 2002 Salt Lake Olympic Winter Games and the programs of the United States Olympic Committee. [Introduced in House] ...
3 S. 923 (es) To promote full equality at the United Nations for Israel. [Engrossed in Senate] ...
4 S. 2674 (is) To amend title 5, United States Code to provide for realignment of the Department of Defense workforce. [Introduced in Senate] ...
5 S. 2942 (rs) To extend the deadline for commencement of construction of certain hydroelectric projects in the State of West Virginia. [Reported in Senate] ...
6 H.R. 1883 (eh) To provide for the application of measures to foreign persons who transfer to Iran certain goods, services, or technology, and for other purposes. [Engrossed in House] ...
7 H.R. 2572 (ih) To direct the Administrator of NASA to design and present an award to the Apollo astronauts. [Introduced in House] ...
8 S. 1792 (pcs) To amend the Internal Revenue Code of 1986 to extend expiring provisions, to fully allow the nonrefundable personal credits against regular tax liability, and for other purposes. [Placed on Calendar Senate] ...
9 H.Res. 275 (eh) [Engrossed in House] ...
10 S. 2713 (is) To amend title 23, United States Code, to require States to use Federal highway funds for projects in high priority corridors, and for other purposes. [Introduced in Senate] ...
11 S.Con.Res. 43 (ats) Providing for a conditional adjournment or recess of the Senate and a conditional adjournment of the House of Representatives. [Agreed to Senate] ...
12 H.R. 5314 (eas) [Engrossed Amendment Senate] ...
13 H.R. 1443 (rh) To provide for the collection of data on traffic stops. [Reported in House] ...
14 H.Res. 555 (rh) Providing for consideration of the bill (H.R. 4118) to prohibit the [Reported in House] ...
15 S. 2718 (is) To amend the Internal Revenue Code of 1986 to provide incentives to introduce new technologies to reduce energy consumption in buildings. [Introduced in Senate] ...
16 S.Con.Res. 31 (is) Celebrating the 50th anniversary of the Geneva Conventions of 1949 and recognizing the humanitarian safeguards these treaties provide in times of armed conflict. [Introduced in Senate] ...
17 H.R. 5522 (ih) To prohibit United States assistance for the Palestinian Authority and for programs, projects, and activities in the West Bank and Gaza. [Introduced in House] ...
18 S. 727 (is) To exempt qualified current and former law enforcement officers from State laws prohibiting the carrying of concealed firearms and to allow States to enter into compacts to recognize other States' concealed weapons permits. [Introduced in Sena...
19 H.Res. 306 (eh) [Engrossed in House] ...
20 H.Con.Res. 326 (ih) Expressing the sense of the Congress regarding the Federal Government's responsibility for starting a destructive fire near Los Alamos, New Mexico. [Introduced in House] ...
21 H.R. 4516 (pp) Making appropriations for the Legislative Branch for the fiscal year ending September 30, 2001, and for other purposes. [Public Print] ...
22 S. 1482 (is) To amend the National Marine Sanctuaries Act, and for other purposes. [Introduced in Senate] ...
23 S. 206 (is) To amend title XXI of the Social Security Act to provide for improved data collection and evaluations of State Children's Health Insurance Programs, and for other purposes. [Introduced in Senate] ...
24 H.R. 2206 (ih) To extend the period for beneficiaries of certain deceased members of the uniformed services to apply for a death gratuity under the Servicemembers' Group Life Insurance policy of such members. [Introduced in House] ...
25 S. 2979 (is) To amend the Internal Revenue Code of 1986 to clarify the status of [Introduced in Senate] ...
26 H.R. 2389 (ih) To restore stability and predictability to the annual payments made to States and counties containing National Forest System lands and public domain lands managed by the Bureau of Land Management for use by the counties for the benefit of p...
27 S. 3065 (is) To amend the Internal Revenue Code of 1986 to expand the Hope Scholarship Credit for expenses of individuals receiving certain State scholarships. [Introduced in Senate] ...
28 H.R. 4325 (ih) To amend the Internal Revenue Code of 1986 and the Employee Retirement [Introduced in House] ...
29 S. 2370 (is) To designate the Federal building located at 500 Pearl Street in New York City, New York, as the ``Daniel Patrick Moynihan United States Courthouse''. [Introduced in Senate] ...
30 S. 1215 (is) To amend title 38, United States Code, to authorize the Secretary of Veterans Affairs to furnish headstones or markers for marked graves of, or to otherwise commemorate, certain individuals. [Introduced in Senate] ...


Other Documents:

106th Congressional Bills Records and Documents

GovRecords.org presents information on various agencies of the United States Government. Even though all information is believed to be credible and accurate, no guarantees are made on the complete accuracy of our government records archive. Care should be taken to verify the information presented by responsible parties. Please see our reference page for congressional, presidential, and judicial branch contact information. GovRecords.org values visitor privacy. Please see the privacy page for more information.
House Rules:

104th House Rules
105th House Rules
106th House Rules

Congressional Bills:

104th Congressional Bills
105th Congressional Bills
106th Congressional Bills
107th Congressional Bills
108th Congressional Bills

Supreme Court Decisions

Supreme Court Decisions

Additional

1995 Privacy Act Documents
1997 Privacy Act Documents
1994 Unified Agenda
2004 Unified Agenda

Congressional Documents:

104th Congressional Documents
105th Congressional Documents
106th Congressional Documents
107th Congressional Documents
108th Congressional Documents

Congressional Directory:

105th Congressional Directory
106th Congressional Directory
107th Congressional Directory
108th Congressional Directory

Public Laws:

104th Congressional Public Laws
105th Congressional Public Laws
106th Congressional Public Laws
107th Congressional Public Laws
108th Congressional Public Laws

Presidential Records

1994 Presidential Documents
1995 Presidential Documents
1996 Presidential Documents
1997 Presidential Documents
1998 Presidential Documents
1999 Presidential Documents
2000 Presidential Documents
2001 Presidential Documents
2002 Presidential Documents
2003 Presidential Documents
2004 Presidential Documents

Home Executive Judicial Legislative Additional Reference About Privacy