|Federal Legislation||March 27, 2003|
H.R. 759 — Making Marriage Tax Relief Permanent Act of 2003
None at this time.
Official purpose: To amend the Internal Revenue Code of 1986 to accelerate the elimination of the marriage penalty in the standard deduction and in the 15-percent income tax rate bracket.
Introduced February 13, 2003 by Rep. Jerry Weller (R, IL-11)
|2/13/2003:||Referred to the House Committee on Ways and Means.|
|12/31/2004:||This bill is "dead". It was not passed into law before the end of the 108th Congress.|
HSLDA supports H.R. 759.
On June 7, 2001 President Bush signed into law the marriage penalty tax relief act (Public Law No: 107-16). This new law amends the Internal Revenue Code of 1986 by gradually reducing the marriage tax penalty, adjusting the standard deduction, the 15 percent rate bracket, and the earned income credit. The new law was set to begin after December 31, 2004.
If passed into law, H.R. 759 would amend current law and eliminate the marriage penalty tax permanently, retroactive to January 1, 2003. HSLDA has been a long supporter of the marriage penalty tax relief plan.
| Other Resources|