3.0.0 722 2023-01-11T13:19:40Z 2023-01-11T13:19:40Z Senate S S 2009-03-26 111 ssfi00 Finance Committee Senate Standing Referred to 2009-03-26T19:46:13Z 2009-03-26 ssfi00 Finance Committee Senate Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3921-3924) IntroReferral 2009-03-26 Sponsor introductory remarks on measure. (CR S3920-3921) IntroReferral B00100 9 Library of Congress 2009-03-26 Introduced in Senate IntroReferral 10000 9 Library of Congress B000243 Sen. Baucus, Max [D-MT] MAX BAUCUS D MT SIEBEN N R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2009-03-26 True S000148 Sen. Schumer, Charles E. [D-NY] Charles Schumer D NY E. 2009-03-26 True Taxation Adoption and foster care Capital gains tax Child care and development Income tax credits Income tax rates Inflation and prices Interest, dividends, interest rates Tax treatment of families Transfer and inheritance taxes Wages and earnings Taxation 00 2009-03-26 Introduced in Senate 2009-04-22T19:57:30Z Taxpayer Certainty and Relief Act of 2009 - Amends the Internal Revenue Code to: (1) make permanent the increased alternative minimum tax (AMT) exemption amounts and the offsets against such tax for nonrefundable tax credits; (2) adjust such AMT exemption amounts for inflation after 2009; (3) make reductions in individual income tax rates and capital gains and dividend tax rates enacted by the Economic Growth and Tax Relief Reconciliation Act (EGTRRA) permanent; (4) make expanded eligibility for the child tax credit permanent; (5) increase the earned income tax credit rate for taxpayers with three or more children; (6) make estate, gift, and generation-skipping transfer provisions in effect in 2009 permanent and adjust estate and gift tax unified credit amounts for inflation after 2010; and (7) allow surviving spouses to increase their estate and gift tax unified credit by any unused credit amounts of a deceased spouse.

Repeals EGTRRA sunset dates for: (1) marriage penalty relief provisions; and (2) increases in the dependent care, adoption assistance, and earned income tax credit.

]]> Taxpayer Certainty and Relief Act of 2009 Display Title Taxpayer Certainty and Relief Act of 2009 Official Title as Introduced A bill to amend the Internal Revenue Code of 1986 to provide for permanent alternative minimum tax relief, middle class tax relief, and estate tax relief, and to permanently extend certain expiring provisions, and for other purposes. Introduced in Senate IS Short Titles as Introduced Taxpayer Certainty and Relief Act of 2009 Introduced in Senate 2009-03-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s722is/xml/BILLS-111s722is.xml 2009-03-26 Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S3921-3924) 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.