PUBLIC LAW 107–16—JUNE 7, 2001
ECONOMIC GROWTH AND TAX RELIEF
RECONCILIATION ACT OF 2001
VerDate 11-MAY-2000 03:04 Jun 12, 2001 Jkt 089139 PO 00016 Frm 00001 Fmt 6579 Sfmt 6579 E:\PUBLAW\PUBL016.107 APPS27 PsN: PUBL016
115 STAT. 38
PUBLIC LAW 107–16—JUNE 7, 2001
Public Law 107–16
107th Congress
An Act
To provide for reconciliation pursuant to section 104 of the concurrent resolution
on the budget for fiscal year 2002.
Be it enacted by the Senate and House of Representatives of
the United States of America in Congress assembled,
SECTION 1. SHORT TITLE; REFERENCES; TABLE OF CONTENTS.
(a) SHORT TITLE.—This Act may be cited as the ‘‘Economic
Growth and Tax Relief Reconciliation Act of 2001’’.
(b) AMENDMENT OF 1986 CODE.—Except as otherwise expressly
provided, whenever in this Act an amendment or repeal is expressed
in terms of an amendment to, or repeal of, a section or other
provision, the reference shall be considered to be made to a section
or other provision of the Internal Revenue Code of 1986.
(c) TABLE OF CONTENTS.—The table of contents of this Act
is as follows:
Sec. 1. Short title; references; table of contents.
TITLE I—INDIVIDUAL INCOME TAX RATE REDUCTIONS
Sec. 101. Reduction in income tax rates for individuals.
Sec. 102. Repeal of phaseout of personal exemptions.
Sec. 103. Phaseout of overall limitation on itemized deductions.
TITLE II—TAX BENEFITS RELATING TO CHILDREN
Sec. 201. Modifications to child tax credit.
Sec. 202. Expansion of adoption credit and adoption assistance programs.
Sec. 203. Refunds disregarded in the administration of Federal programs and feder-
ally assisted programs.
Sec. 204. Dependent care credit.
Sec. 205. Allowance of credit for employer expenses for child care assistance.
TITLE III—MARRIAGE PENALTY RELIEF
Sec. 301. Elimination of marriage penalty in standard deduction.
Sec. 302. Phaseout of marriage penalty in 15-percent bracket.
Sec. 303. Marriage penalty relief for earned income credit; earned income to include
only amounts includible in gross income; simplification of earned