H.R. 8 · 112th Congress · enacted

American Taxpayer Relief Act of 2012

Became Public Law No: 112-240.

Latest official action 2013-01-02 · Enacted

The bill, briefly

American Taxpayer Relief Act of 2012 - Title I: General Extensions - Makes permanent the tax reduction provisions of the Economic Growth and Tax Relief Reconciliation Act of 2001 for individual taxpayers whose taxable income is at or below $400,000 ($450,000 for married couples filing a joint return). Amends the Internal Revenue Code to: (1) set the threshold for the phaseout of personal tax exemptions and itemized deductions at $250,000 for individual taxpayers ($300,000 for married couples filing a joint return), (2) increase the top marginal estate tax rate from 35% to 40%, and (3) increase the capital gains tax rate from 15% to 20% tax rate for taxpayers whose taxable income exeeds $400,000. Makes permanent for individual taxpayers whose taxable income is at or below $400,000 ($450,000 for married couples filing a joint return) provisions of the Jobs and Growth Tax Relief Reconciliation Act of 2003 that reduce tax rates for capital gain and dividend income. Extends until 2018: (1) the American Opportunity tax credit, (2) the child tax credit, and (3) the increased earned income tax credit. Makes permanent: (1) the disregard of tax refunds for determining eligibility for means tested federal programs, and (2) the increased exemption from the alternative minimum tax (AMT) for individual taxpayers. Provides for an inflation adjustment to the AMT exemption amount for calendar y…

Official bill, text and votes Full source record and risk review

Congressional Research Service · 2013-01-01

Who reported lobbying on this bill?

Amount spent specifically on this bill: not disclosed

The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.

No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.

2,409 latest lobbying reports imported. Some source imports are still in progress.

Politicians behind the bill

Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.

Cosponsor

Vern Buchanan

House · FL District 16 · Republican

$537,704PAC receipts · 2025–2026

Cosponsor

Adrian Smith

House · NE District 3 · Republican

$1,398,745PAC receipts · 2025–2026

Cosponsor

Sam Graves

House · MO District 6 · Republican

$891,107PAC receipts · 2025–2026

Cosponsor

Tim Scott

Senate · SC · Republican

$205,300PAC receipts · 2025–2026

Cosponsor

Ken Calvert

House · CA District 41 · Republican

$1,249,056PAC receipts · 2025–2026

28 of 28 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.

PAC donors to the listed sponsors

These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.

HONEYWELL INTERNATIONAL INC. TECHNOLOGIES PUBLIC AFFAIRS COUNCIL (HONPAC)$30,500

Vern Buchanan · Cosponsor · $2,000

Adrian Smith · Cosponsor · $9,500

Sam Graves · Cosponsor · $9,000

Ken Calvert · Cosponsor · $10,000

The bill, briefly

Who reported lobbying on this bill?

Politicians behind the bill

Vern Buchanan

Adrian Smith

Sam Graves

Tim Scott

Ken Calvert

PAC donors to the listed sponsors

What happened after enactment?