MINIMUM TAX RELIEF TO INDIVIDUALS.

SEC. 106. MINIMUM TAX RELIEF TO INDIVIDUALS.(a) In General.—(1) Subparagraph (A) of section 55(d)(1) is amended by striking “$49,000 in the case of taxable years beginning in 2001, 2002, 2003, and 2004” and inserting “$58,000 in the case of taxable years beginning in 2003 and 2004”.(2) Subparagraph (B) of section 55(d)(1) is amended by striking “$35,750 in the case of taxable years beginning in 2001, 2002, 2003, and 2004” and inserting “$40,250 in the case of taxable years beginning in 2003 and 2004”.(b) Effective Date.—The amendments made by subsection (a) shall apply to taxable years beginning after December 31, 2002.