Bill Summary & Status
110th Congress (2007 - 2008)
S.AMDT.2557
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S.AMDT.2557
Amends: H.R.976 , S.AMDT.2530
Sponsor: Sen Specter, Arlen [PA] (submitted 7/31/2007) (proposed 8/1/2007)
AMENDMENT PURPOSE:
To amend the Internal Revenue Code of 1986 to reset the rate of tax under the alternative minimum tax at 24 percent.
TEXT OF AMENDMENT AS SUBMITTED: CR S10510
STATUS:
- 8/1/2007:
- Amendment SA 2557 proposed by Senator Baucus for Senator Specter to Amendment SA 2530. (consideration: CR S10586-10587, S10587-10588; text: CR S10586-10587)
- 8/2/2007:
- Considered by Senate. (consideration: CR S10719-10720, S10736, S10754)
- 8/2/2007:
- Point of order raised in Senate with respect to amendment SA 2557.
- 8/2/2007:
- Motion to waive the Budget Act with respect to amendment SA 2557 rejected in Senate by Yea-Nay Vote. 47 - 52. Record Vote Number: 295.
- 8/2/2007:
- Amendment SA 2557 ruled out of order by the chair.
COSPONSORS(2):
Sen Craig, Larry E. [ID]
- 8/2/2007
Sen Stevens, Ted [AK]
- 8/2/2007
