There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (06/21/2004)

AMT Middle Class Fairness Act of 2004 - Amends the Internal Revenue Code to: (1) allow as a deduction against alternative minimum taxable income certain State and local taxes; and (2) provide for an inflation adjustment of the alternative minimum tax exemption amount for individual taxpayers.