Notice of Action: 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

Thursday, April 27, 2004

5:00P.M.

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H.R. 4181 Ways & Means To amend the Internal Revenue Code of 1986 to permanently extend the marriage penalty relief provided under the Economic Growth and Tax Relief Reconciliation Act of 2001

The Committee granted, by voice vote, a modified closed rule providing one hour of debate in the House equally divided and controlled by the chairman and ranking minority member of the Committee on Ways and Means. The rule provides that the amendment printed in part A of the Rules Committee report accompanying the resolution shall be considered as adopted, and that the bill shall be considered as read. The rule provides for consideration of the amendment printed in part B of the Rules Committee report accompanying the resolution, if offered by Representative Rangel of New York, or his designee, which shall be considered as read, and shall be separately debatable for one hour equally divided and controlled by the proponent and an opponent. The rule waives all points of order against the amendment printed in part B of the report. Finally, the rule provides one motion to recommit with or without instructions.