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H.R. 3906, The Middle Class Tax Relief Act of 2007

  • This item is from the 110th Congress (2007-2008) and is no longer current. Comments, voting, and wiki editing have been disabled, and the cost/savings estimate has been frozen.

Comparing revision saved on October 23, 2007, 18:30:38 (webmaster), with revision saved on November 21, 2007, 18:34:10 (webmaster):

H.R. 3906 would amend the Internal Revenue Code of 1986 to make permanent the deduction for State and local sales tax, the deduction for qualified tuition and related expenses, the deduction for mortgage interest premiums, and the modifications to the dependent care credit.

== Detailed Summary ==

<summary>
(Log inMiddle Class Tax Relief Act of 2007 - Amends the Internal Revenue Code to editmake permanent the wikitax deductions for: (1) state and belocal general sales taxes; (2) mortgage insurance premiums; and (3) qualified tuition and related expenses. Makes permanent provisions of the first to provide a detailed summaryEconomic Growth and Tax Relief Reconciliation Act of 2001 that increased dollar limitations on the bill!)tax credit for household and dependent care expenses.
</summary>

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== Status of the Legislation ==

<status>
Latest Major Action: 10/18/2007: Referred to House committee. Status: Referred to the House Committee on Ways and Means.
</status>

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== Points in Favor ==

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== Points Against ==

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