3.0.0 3773 2017-12-13T22:28:42Z 2023-01-10T03:04:33Z Senate S S 2010-09-13 111 2010-09-14 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 562. Calendars 2010-09-13 Senate Introduced in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. (text of measure as introduced: CR S7042-7044) Calendars 2010-09-13 Sponsor introductory remarks on measure. (CR S7004-7005) IntroReferral B00100 9 Library of Congress 2010-09-13 Introduced in Senate IntroReferral 10000 9 Library of Congress M000355 Sen. McConnell, Mitch [R-KY] Mitch McConnell R KY N G000386 Sen. Grassley, Chuck [R-IA] Charles Grassley R IA E. 2010-09-13 True K000352 Sen. Kyl, Jon [R-AZ] Jon Kyl R AZ Llewellyn 2010-09-13 True M000303 Sen. McCain, John [R-AZ] JOHN MCCAIN R AZ SIDNEY 2010-09-13 True C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2010-09-13 True G000359 Sen. Graham, Lindsey [R-SC] Lindsey Graham R SC 2010-09-13 True R000307 Sen. Roberts, Pat [R-KS] PAT ROBERTS R KS 2010-09-13 True C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2010-09-13 True I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2010-09-13 True E000194 Sen. Ensign, John [R-NV] JOHN ENSIGN R NV 2010-09-13 True I000055 Sen. Isakson, Johnny [R-GA] Johnny Isakson R GA 2010-09-13 True B000953 Sen. Brownback, Sam [R-KS] SAM BROWNBACK R KS 2010-09-13 True E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. 2010-09-13 True C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2010-09-13 True B001135 Sen. Burr, Richard [R-NC] Richard Burr R NC Mauze 2010-09-13 True V000127 Sen. Vitter, David [R-LA] David Vitter R LA 2010-09-13 True W000437 Sen. Wicker, Roger F. [R-MS] Roger Wicker R MS F. 2010-09-13 True C000286 Sen. Chambliss, Saxby [R-GA] SAXBY CHAMBLISS R GA 2010-09-13 True B000611 Sen. Bond, Christopher S. [R-MO] CHRISTOPHER BOND R MO S. 2010-09-13 True H001016 Sen. Hutchison, Kay Bailey [R-TX] KAY HUTCHISON R TX BAILEY 2010-09-13 True H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2010-09-13 True B000382 Sen. Bennett, Robert F. [R-UT] ROBERT BENNETT R UT F. 2010-09-14 False R000584 Sen. Risch, James E. [R-ID] James Risch R ID E. 2010-09-14 False S000320 Sen. Shelby, Richard C. [R-AL] Richard Shelby R AL C. 2010-09-14 False T000250 Sen. Thune, John [R-SD] John Thune R SD R. 2010-09-15 False M001153 Sen. Murkowski, Lisa [R-AK] Lisa Murkowski R AK 2010-09-15 False J000291 Sen. Johanns, Mike [R-NE] Mike Johanns R NE 2010-09-24 False L000572 Sen. LeMieux, George S. [R-FL] George LeMieux R FL S. 2010-12-02 False Taxation Alternative and renewable resources District of Columbia Energy efficiency and conservation Housing finance and home ownership Hybrid, electric, and advanced technology vehicles Income tax credits Income tax rates Residential rehabilitation and home repair Transfer and inheritance taxes Taxation 00 2010-09-13 Introduced in Senate 2010-09-20T18:16:46Z Tax Hike Prevention Act of 2010 - Repeals the general terminating date (i.e., December 31, 2010) applicable to tax relief provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA), thus making such provisions permanent.

Repeals the provision of the Jobs and Growth Tax Relief Reconciliation Act of 2003 terminating the reductions in tax rates for capital gains and dividends, thus making such reductions permanent.

Repeals provisions of EGTRRA repealing the estate and generation-skipping transfer taxes after 2009, thus restoring such taxes, subject to the amendments made by this Act. Restores the step-up in basis tax treatment of inherited estate assets.

Amends the Internal Revenue Code to: (1) provide for annual increases in the alternative minimum tax (AMT) exemption amount during the period of 2010 through 2020; (2) expand offsets against the AMT for certain nonrefundable tax credits; (3) retain marriage penalty relief provisions and the increased child tax credit; (4) revise the estate tax by imposing a permanent maximum estate tax rate of 35% and allowing a permanent estate tax exclusion amount of $5 million (adjusted annually for inflation) after 2009; and (5) allow a surviving spouse to increase the estate tax exclusion amount by the unused exclusion amount of his or her deceased spouse.

Allows the executor of any estate of a decedent dying in 2010 to elect to apply existing provisions of the Internal Revenue Code of 1986 without regard to specified provisions of this Act.

]]> Tax Hike Prevention Act of 2010 Short Titles as Introduced Tax Hike Prevention Act of 2010 Display Title Tax Hike Prevention Act of 2010 Official Title as Introduced A bill to permanently extend the 2001 and 2003 tax relief provisions and to provide permanent AMT relief and estate tax relief, and for other purposes. Placed on Calendar Senate 2010-09-14T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3773pcs/xml/BILLS-111s3773pcs.xml 2010-09-14 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 562. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.