House Roll Call 241, 105th Congress · June 26, 1997

H.R.2014 BY KASICH (R-OH) -- TAXPAYER RELIEF ACT OF 1997 (PUB.L. 105-34, APPROVED 8/05/97) (HOUSE REJECTED THE RANGEL AMENDMENT IN THE NATURE OF A SUBSTITUTE INCREASING HOPE SCHOLARSHIP CREDITS; EXTENDING AN INCOME TAX EXCLUSION FOR EMPLOYER PROVIDED EDUCATIONAL ASSISTANCE; AUTHORIZING INTEREST FREE BONDS AND LOANS FOR SCHOOLS WITH STUDENTS FROM POOR FAMILIES; PROVIDING TAX CREDITS FOR CHILDREN OF FAMILIES WHO EARN LESS THAN $60,000 PER YEAR; PROVIDING CAPITAL GAINS EXCLUSIONS FOR THE SALE OF A PRINCIPAL RESIDENCE, ALLOWING A DEDUCTIBLE CAPITAL GAIN LOSS WHEN SELLING A RESIDENCE, PROVIDING A SPECIAL RATE FOR THE SALE OF FARMS, BUSINESS ASSETS, AND REAL ESTATE; CREATING AN ADDITIONAL EXEMPTION FOR ESTATES THAT INCLUDE A FAMILY OWNED BUSINESS; EXTENDING EXPIRING PROVISIONS OF VARIOUS TAX CREDITS; EXPANDING EMPOWERMENT ZONES AND ENTERPRISE ZONES; PROVIDING VARIOUS TAX CREDITS AND INCENTIVES INCLUDING THE DEDUCTION OF REMEDIATION COSTS INCURRED WITH TOXIC WASTE CLEANUP AND A WELFARE TO WORK CREDIT.)

Question before the chamber: On Agreeing to the Amendment

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