Mack Bill Would Cap D.C. Residents' Rate at 15 Percent
OCT. 18, 2000
S10716
DOCUMENT ATTRIBUTES
- AuthorsMack, Sen. ConnieBrownback, Sen. Sam
- Institutional AuthorsSenate
- Cross-ReferenceFor text of S. 3217, see Doc 2000-29285 (21 original pages).
- Subject Area/Tax Topics
- Index Termslegislation, taxrates, individualcapital gainsAMTDistrict of Columbia, tax incentivescredits
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2000-29280 (1 original page)
- Tax Analysts Electronic Citation2000 TNT 222-32
Citations: S10716
District of Columbia Economic Renaissance Act of 2000
=============== SUMMARY ===============
Finance Committee member Connie Mack, R-Fla., introduced S. 3217, which would cap the rate of tax for District of Columbia residents at 15 percent on income from sources within the District. The bill's text indicates it would also modify the zero percent capital gains rate and the first-time homebuyer credit, and exclude some D.C.-source income for purposes of the alternative minimum tax.
DOCUMENT ATTRIBUTES
- AuthorsMack, Sen. ConnieBrownback, Sen. Sam
- Institutional AuthorsSenate
- Cross-ReferenceFor text of S. 3217, see Doc 2000-29285 (21 original pages).
- Subject Area/Tax Topics
- Index Termslegislation, taxrates, individualcapital gainsAMTDistrict of Columbia, tax incentivescredits
- Jurisdictions
- LanguageEnglish
- Tax Analysts Document NumberDoc 2000-29280 (1 original page)
- Tax Analysts Electronic Citation2000 TNT 222-32
