Public Law 107-16

Economic  Growth and Taxpayer Relief Reconciliation Act of 2001

Summary

---

General  Information

Public Law: Pub. L. 107-16

Stat. At Large: 115 STAT. 38

Enacted: June 7, 2001

Bill Number: H.R. 1836  (107th Congress)

Sponsor: Rep Thomas, William M. [R-CA-21]

Note: This bill was considered under the reconciliation procedure as set forth in section 310 of the Congressional Budget Act of 1974, subject to the limitations of section 313 of that Act (known as the “Byrd Rule”) which caused it to include its expiration ten years after it first became effective.

---

Applicable Text of Statute

GPO Link: Economic Growth and Tax Relief Reconciliation Act of 2001

---

Compliance With Congressional Budget Act of 1974

Statutory Text:

TITLE IX—COMPLIANCE WITH CONGRESSIONAL BUDGET ACT

sec. 901. sunset of provisions of act.

(a) In General.—All provisions of, and amendments made by, this Act shall not apply—

(1) to taxable, plan, or limitation years beginning after December 31, 2010, or

(2) in the case of title V, to estates of decedents dying,  gifts made, or generation skipping transfers, after December 31, 2010. 

(b) Application of Certain Laws.—The Internal Revenue Code of 1986  and the Employee Retirement Income Security Act of 1974 shall be applied  and administered to years, estates, gifts, and transfers described in  subsection (a) as if the provisions and amendments described in  subsection (a) had never been enacted.

_____

Summary of Statutory Text – Title IX (Based on CRS Summary):

Compliance With Congressional Budget Act: Title IX states that all provisions of, and amendments made by, this Act shall not apply:

(1) to taxable, plan, or limitation years beginning after December 31, 2010; or

(2) in the case of title V, to estates of decedents dying, gifts made, or generation skipping transfers, after December 31, 2010. It provides that the Code and the Employee Retirement Income Security Act of 1974 was to be applied and administered to years, estates, gifts, and transfers described in the preceding sentence as if those provisions and amendments in the sentence had never been enacted.

---

Legislative History

Date	Actions Overview
05/15/2001	Introduced in House
05/16/2001	Passed/agreed to in House: On passage Passed by the Yeas and Nays: 230 – 197 (Roll no. 118).
05/23/2001	Passed/agreed to in Senate: Passed Senate with an amendment by Yea-Nay. 62 – 38. Record Vote Number: 165.(text: CR 5/25/2001 S5714-5753)
05/26/2001	Conference report filed: Conference report H. Rept. 107-84 filed.(text of conference report: CR 5/25/2001 H2726-2824)
05/26/2001	Conference report agreed to in House: On agreeing to the conference report Agreed to by the Yeas and Nays: 240 – 154 (Roll no. 149).
05/26/2001	Conference committee actions: Conferees agreed to file conference report.
05/26/2001	Conference report agreed to in Senate: Senate agreed to conference report by Yea-Nay Vote. 58 – 33. Record Vote Number: 170.
06/04/2001	Presented to President.
06/07/2001	Signed by President.
06/07/2001	Became Public Law No: 107-16. (TXT | PDF)