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Author: Pensorio Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121061  
Subject: he New Tax Relief Bill Date: 3/8/2002 12:20 PM
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The Senate passed and Bush is expected to sign the new Tax Relief Bill (HR 3090, "Job Creation and Worker Assistance Act of 2002"). I glanced through the text of the bill on thomas.loc.gov, but I have to admit my legalese is not what it could be (or my mind was numbed and went into sleep mode...).

Have any of our resident tax experts looked at this bill yet, and if so can you tell us what it might mean for us? I believe it provides an extension of unemployment benefits and the creation of a special economic zone in NYC, and I have heard that it might accelerate the tax cuts mapped out in last year's tax bill.

Any interesting changes in store for 2002?

Thanks!
-P
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