,i  #aag? ,,congress  #b;d ,session  ,h4
 ,r4 #gech  ,,9 ,,! ,,h\se ,,(          
,,repres5tatives  ,april #ah1 #bjbb,mr4 
,moore ( ,alabama introduc$ ! foll[+    
bill2 :i* 0 ref]r$ to ! ,committee on   
,ways & ,means  ,a ,,bill  ,to provide !
 equival5t ( a #f-mon? ,f$]al income tax
 holiday = c]ta9 individuals4  #a4      
#f-mon? ,f$]al income tax holiday =     
c]ta9 individuals  7a7 ,9 g5]al ,9 !    
case ( any individual 7o!r ?an an e/ate 
or tru/71 ! am\nt ( tax o!rwise impos$  
"u section #a ( ! ,int]nal ,rev5ue ,code
 ( #aihf = su* taxpay]'s fir/ taxable   
ye> beg9n+ aft] ,decemb] #ca1 #bjba1    
%all be r$uc$ by ! #f-mon? ,f$]al income
 tax holiday am\nt4  7b7 #f-,mon? ,f$]al
 income tax holiday am\nt ,= purposes ( 
?is section1 ! t]m #f-mon? ,f$]al income
 tax holiday am\nt means1 ) respect to  
any taxpay] = any taxable ye>1 #ej p]c5t
 ( ! tax impos$ "u section #a ( !       
,int]nal ,rev5ue ,code ( #aihf ) respect
 to su* taxpay] = su* taxable ye>       
7det]m9$ )\t reg>d to ?is section74  7c7

 ,phase\t ( b5efit bas$ on adju/$ gross 
income  7#a7 ,9 g5]al ,if ! adju/$ gross
 income ( any taxpay] = ! taxpay]'s fir/
 taxable ye> beg9n+ aft] ,decemb] #ca1  
#bjba1 exce$s ! applicable phase\t      
?re%old1 ! #f-mon? ,f$]al income tax    
holiday am\nt ) respect to su* taxpay] =
 su* taxable ye> %all be r$uc$ 7b n bel[
 z]o7 by an am\nt :i* be>s ! same ratio 
to su* am\nt z ! applicable phase\t     
range be>s to su* excess4  7#b7         
,applicable phase\t ?re%old ,= purposes 
( ?is subsection1 ! t]m applicable      
phase\t ?re%old means-- 7,a7 9 ! case ( 
a jo9t return or surviv+ sp\se1 #hc1eej1
  7,b7 9 ! case ( a head ( h\sehold1    
#ee1jjj1 &  7,c7 9 any o!r case1        
#da1gge4  7#c7 ,applicable phase\t range
 ,= purposes ( ?is subsection1 ! t]m    
applicable phase\t range means-- 7,a7 9 
! case ( a jo9t return or surviv+ sp\se1
 #bj1jjj1  7,b7 9 ! case ( a head (     
h\sehold1 #ac1chj1 &  7,c7 9 any o!r    
case1 #aj1jjj4  7d7 ,c]ta9 t]ms ,any t]m
 us$ 9 ?is section :i* is also us$ 9    

section #a ( ! ,int]nal ,rev5ue ,code ( 
#aihf %all h ! same mean+ :5 us$ 9 ?is  
section z :5 us$ 9 su* section #a4