The world's political record
Records whose title is actually about this topic. Use a country filter if the list is still too broad.
101 records in US in 1973
United States · United States Congress · 8 November 1973
Anti-Architectural Barriers Act - Allows an income tax deduction under the Internal Revenue Code for the removal of architectural and transportational barriers, with respect to the aged and the handicapped, from trade or business facilities. (Adds 26 U.S.C. 189)
United States · United States Congress · 7 November 1973
Fiscal Responsibility Act - States the findings of Congress. Delcares it to be the intent of Congress to require the President to submit to the Congress and to see that the Congress enacts a budget in which nontrust fund expenditures do not exceed revenues received by the Government from nontrust fund sources. Title I: Submission of Balanced Budget - Requires that the President shall submit a budget in which nontrust fund expenditures do not exceed nontrust fund revenues for each fiscal year, except as provided in this Act. Title II: Senate Ceilings on Appropriations Bills - Directs the chairman of each subcommittee of the Committee on Appropriations of the Senate to report to the chairman of the committee the total amount of new budget authority which he anticipates will be provided in the regular appropriation bill to be reported by his subcommittee for such fiscal year. Directs the chairman to inform the Senate of the amount of new budget authority reported by the chairman of each subcommittee and the total of all such amounts. Provides procedures for the reduction of appropriations bills when subcommittee ceilings and committee ceilings are violated. Title III: Change of Fiscal Year - Provides that the fiscal year of the Treasury of the United States: (1) shall, through June 30, 1974, commence on July 1 of each year and end on June 30 of the following year; (2) shall for the period commencing July 1, 1974, and ending on December 31, 1974, be for such period; and (3) shall, beginning on January 1, 1975, commence on January 1 of each year and end on December 31 of that same year. Authorizes additional appropriations for projects which did not expire prior to June 30, 1974. Revises the procedures for transmittal of budget and expenditure expenses. Provides for the conversion of authorizations of appropriations to conform with the provisions of this Act. Makes technical and conforming amendments.
United States · United States Congress · 6 November 1973
Provides a tax credit under the Internal Revenue Code for security device expenses.
United States · United States Congress · 31 October 1973
Permits, under the Internal Revenue Code, alien residents to exclude from gross income that income earned abroad in the same manner as United States citizens.
United States · United States Congress · 29 October 1973
Increases the authorization, for fiscal year 1974 and succeeding fiscal years, for the Committee for Purchase of Products and Services of the Blind and Other Severely Handicapped. Defines "direct labor" for purposes of the Wagner O'Day Act relating to the handicapped as work required for the preparation, processing, and packing of a commodity or work directly related to the performance of a service, but not supervision administration, inspection, or shipping.
United States · United States Congress · 29 October 1973
Increases the amount of minimum tax imposed on tax preferences under the Internal Revenue Code of 1954.
United States · United States Congress · 25 October 1973
Provides, under the Internal Revenue Code of 1954, that advertising of alcoholic beverages shall not be treated as a tax deductible expense. (Amends 26 U.S.C. 162(l))
United States · United States Congress · 24 October 1973
Real Estate Investment Trust Tax Act - Provides, under the Internal Revenue Code, that if a determination with respect to a real estate investment trust results in any adjustment for any taxable year, a deduction shall be allowed for the amount of deficiency dividends for purposes of determining the deduction for dividends paid for such year. Sets forth the rules governing the application of such provision, including: (1) definition of the term "adjustment"; (2) interest and penalties based on the full amount of adjustment; (3) the amount of adjustment attributable to a determination; (4) the effect on shareholders or holders of beneficial interests; and (5) definitions of "determination" and "deficiency dividends". Provides that any real estate investment trust which is liable for interest for any period by reason of any determination with respect to which a deduction is allowed shall pay a penalty in an amount equal to the amount of such interest attributable solely to such determination. Requires the imposition of a tax in cases of a determination of failure to meet specified requirements. Prescribes rules for the treatment of foreclosure property with respect to a grace period and extensions and terminations of such grace period. Provides that property shall be treated as foreclosure property only if the real estate investment trust so elects on or before the due date for filing its return of tax. Imposes for each taxable year on the net income from foreclosure property and other property of every real estate investment trust a tax as if such income constituted the taxable income of a corporation. Increases the 90-percent gross income requirement to 95 percent. Defines the terms "rents from real property" and "independent contractor". Provides that real estate investment trusts may be incorporated. Makes technical and conforming amendments. Sets forth the effective dates for the provisions of this Act.
United States · United States Congress · 23 October 1973
Authorizes the voluntary withholding of District of Columbia, Maryland, and Virginia income taxes in the case of employees of the House of Representatives and the Senate.
United States · United States Congress · 18 October 1973
Provides that any unit of local government which received payments under the State and Local Fiscal Assistance Act of 1972 for the first three entitlement periods which were, in the aggregate, in excess of 500 per cent of the total amount of such payments, is relieved from liability for repayment to the United States of the amount which exceeds the amount of entitlement. Authorizes funds to be appropriated to the State and Local Government Fiscal Assistance Trust Fund, out of amounts in the general fund of the Treasury attributable to the collections of the Federal individual income taxes not otherwise appropriated. Specifies the amounts of such sums for fiscal years 1974 through 1976.
United States · United States Congress · 17 October 1973
States that all tax returns are confidential and private records, but that they may be opened to inspection by the following persons at such times and in such manner as the Commissioner of Internal Revenue by regulation shall prescribe: (1) the taxpayer or his attorney; (2) officers and employees of the Internal Revenue Service, the Treasury Department, and the Justice Department for tax administration and economic stabilization purposes; (3) shareholders of record owning 1 percent or more of a corporation; (4) tax officials of the States, District of Columbia, territories and possessions; (5) the Ways and Means Committee of the House, Finance Committee of the Senate, and Joint Committee on Internal Revenue and Taxation, or by other specifically authorized committees and persons; (6) the Attorney General, his assistants, and United States attorneys in the performance of official duties or for litigation; and (7) officers and employees of the executive department if necessary to enforcement of Federal statutes. Prescribes acceptable reasons for inspecting tax returns and authorizes the Internal Revenue Service to establish the manner in which they shall be inspected. Repeals the provisions of the Internal Revenue Code of 1954 that prescribed the manner in and the extent to which unemployment tax returns may be inspected by State officials, shareholders and committees of Congress. Adds State employees and shareholders to the provisions of the Internal Revenue Code prohibiting Federal employees from disclosing tax return information, and prescribing penalties for such disclosure.
United States · United States Congress · 17 October 1973
Provides a tax credit under the Internal Revenue Code for security device expenses.
United States · United States Congress · 16 October 1973
Provides that upon the adoption of this resolution it shall be in order to consider the conference report on the bill (H.R. 9286) to authorize appropriations during the fiscal year 1974 for procurement of aircraft, missiles, naval vessels, tracked combat vehicles, torpedoes, and other weapons, and research, development, test, and evaluation for the Armed Forces, and to prescribe the authorized personnel strength for each active duty component and of the Selected Reserve of each reserve component of the Armed Forces, and the military training student loads, and all points of order against the said conference report are hereby waived.
United States · United States Congress · 11 October 1973
Provides, under the Internal Revenue Code, that no tax shall be imposed on the use of any aircraft by a person who holds a certificate as an agricultural aircraft operator if such aircraft is equipped for agricultural operation and if such person uses it primarily for such agricultural operation. Provides that, for purposes of the refund of the tax on gasoline used for farming purposes and the refund of tax on fuels not used for a taxable purpose, if the use of any liquid as a fuel on a farm for farming purposes is in an aircraft and by an aerial applicator who was the actual ultimate purchaser thereof, and the owner, tenant, or operator of the farm has waived in writing his right to any payment, credit, or refund with respect to such liquid, then such aerial applicator shall be treated as the operator of the farm with respect to such liquid.
United States · United States Congress · 4 October 1973
Sets forth a formula for determining the amount deductible in the case of casualty losses of timber under the Internal Revenue Code.
United States · United States Congress · 3 October 1973
Makes continuing appropriations for the fiscal year 1974 for projects or activities which were conducted in fiscal year 1973.
United States · United States Congress · 2 October 1973
Increases the amount of minimum tax imposed on tax preferences by the Internal Revenue Code. Prohibits a carry over of excess taxes under the minimum tax section. Makes provisions for tax preferences for estates and trusts. (Amends 26 U.S.C. 56)
United States · United States Congress · 2 October 1973
Permits, under the Internal Revenue Code, the exclusion from gross income of up to $200 of dividends and interest received by individuals during a taxable year. (Amends 26 U.S.C. 116)
United States · United States Congress · 2 October 1973
Provides a tax credit under the Internal Revenue Code for security device expenses.
United States · United States Congress · 2 October 1973
Increases the amount of minimum tax imposed on tax preferences by the Internal Revenue Code. Prohibits a carryover of excess taxes under the minimum tax section. Makes provisions for tax preferences for estates and trusts. (Amends 26 U.S.C. 56)
United States · United States Congress · 1 October 1973
Provides, under the Internal Revenue Code, that no Federal Agency may inspect any income tax return except upon an order of the President which identifies by name the person who filed such return. Makes it an offense to make unauthorized disclosures to divulge or publish any name, address or occupation.
United States · United States Congress · 26 September 1973
Makes appropriations of such amounts as may be necessary (but not to exceed $2,250,000,000), to remain available until expended for payments by the Secretary of the Treasury to maintain the value in terms of gold of the holdings of United States dollar of the International Monetary Fund, the International Bank for Reconstruction and Development, the Inter-American Development Bank, the International Development Association, and the Asian Development Bank, to the extent provided in the articles of agreement of such institutions, as authorized by the Par Value Modification Act.
United States · United States Congress · 25 September 1973
Eliminates the income tax deduction for expenses of attending business conventions outside the United States. (Amends 26 U.S.C. 274)
United States · United States Congress · 19 September 1973
Provides for a distribution deduction under the Internal Revenue Code in the case of specified cemetery perpetual care fund trusts. (Amends 26 U.S.C. 642(a))
United States · United States Congress · 18 September 1973
Provides, under the Internal Revenue Code, that gross income does not include any amounts received by an individual in the taxable year as a pension, annuity, or other benefit under a public retirement system, or any amounts received by an individual who is age 65 or over as a pension, annuity, or other retirement benefit under any other retirement plan, program, or system, to the extent that the aggregate of such amounts does not exceed $5,000.
United States · United States Congress · 18 September 1973
Excludes from arbitrage bond classification under the Internal Revenue Code those obligations issued which is $5,000,000 or less to redeem obligations issued during the period beginning January 1, 1967, through December 31, 1971, by a State, a territory, a possession of the United States, or any political subdivision of any of the foregoing, or by the District of Columbia. (Amends 26 U.S.C. 103(d))
United States · United States Congress · 18 September 1973
Extends the continuing appropriations made in Public Law 93-52 until the sine die adjournment of the first session of the 93rd Congress (presently until September 30, 1973).
United States · United States Congress · 18 September 1973
Provides that, during the fiscal year ending June 30, 1974, the number of permanent, full-time employees employed by the Department of Agriculture to carry out the activities of the Forest Service shall be maintained at not less than four hundred and fifty above the June 30, 1973, permanent, full-time personnel ceiling authorized for such Service by the Department of Agriculture
United States · United States Congress · 18 September 1973
Makes it the sense of Congress that: (1) equally rigorous economics shall be applied by congressional review to military, foreign assistance, space programs, and unwarranted tax preferences; and (2) Congress shall set as a target for action by the relevant committees with respect to the proposed Federal budget for fiscal 1974: (a) the realization of savings of $5,000,000,000 to $7,000,000,000 by paring unneeded weapons development, by reducing excessive forces in the military, and by economizing in foreign assistance and space programs, and (b) the elimination of unwarranted tax preferences in the Internal Revenue Code, to produce additional revenues of $5,000,000,000 to $7,000,000,000. Declares that these budgetary resources shall be redirected to promote full employment, quality education and health care for citizens, environmental protection, safe and improved living conditions in urban and rural areas, and equal opportunities for all Americans.
United States · United States Congress · 17 September 1973
Provides, under the State and Local Fiscal Assistance Act of 1972, for adjustment payments to compensate for amounts required to be repaid by units of local governments by reason of administrative error.
United States · United States Congress · 17 September 1973
Provides that gross income for income tax purposes does not include amounts received by, or credited to the account of, a taxpayer as dividends or interest on deposits or withdrawable accounts in a savings institution. Limits such tax exclusion to $750.
United States · United States Congress · 17 September 1973
Allows an income tax exclusion under the Internal Revenue Code for face-amount certificates. Disallows the capital gains and loss treatment of such face-amount certificates.
United States · United States Congress · 13 September 1973
Exempts from the provisions of the Airport and Airways Revenue Act of 1970 helicopters which are not operated on an established line.
United States · United States Congress · 13 September 1973
Excludes from gross income, under the Internal Revenue Code, the first $1,000 of interest received from savings account deposits in home lending institutions.
United States · United States Congress · 13 September 1973
Excludes from gross income, under the Internal Revenue Code, the first $1,000 of interest received from savings account deposits in home lending institutions.
United States · United States Congress · 12 September 1973
Exempts any unit of local government which receives not more than $5,000 for the entitlement period, under the State and Local Fiscal Assistance Act, from the requirement that reports of use of funds be published in a newspaper.
United States · United States Congress · 12 September 1973
Provides that no State, or political subdivision thereof, or the District of Columbia, shall have the power to impose, for any taxable year ending after the date of enactment of this Act, any tax on the income of an individual who is not a resident of such State or the District of Columbia.
United States · United States Congress · 12 September 1973
Imposes, under the Internal Revenue Code of 1954, a tax on every new automobile manufactured, produced, or imported based upon its fuel consumption rate. Requires the public disclosure of the fuel consumption rate of every new automobile. (Adds 26 U.S.C. 4064)
United States · United States Congress · 12 September 1973
Prohibits any State from levying or collecting any income tax on income received from transactions occurring or services performed within a Federal area by any person who does not reside within such Federal area or within the State wherein such Federal area is located and who commutes to such employment, unless such State provides to such person material and proportionate benefits and protection. (Adds 4 U.S.C. 106(c))
United States · United States Congress · 12 September 1973
Imposes, under the Internal Revenue Code of 1954, a tax on every new automobile manufactured, produced, or imported based upon its fuel consumption rate. Requires the public disclosure of the fuel consumption rate of every new automobile. (Adds 26 U.S.C. 4064)
United States · United States Congress · 11 September 1973
Imposes an excise tax under the Internal Revenue Code on the undistributed income of a private foundation without regard to the nature of its assests, stock, or dividends income for such stock. (Amends 26 U.SC. 4940 note).
United States · United States Congress · 10 September 1973
Allows a tax credit under the Internal Revenue Code against the Federal income tax for State and local real property taxes or an equivalent portion of rent paid on their residences by individuals who have attained the age of 65. Provides that where an indivudal has attained the age of 65, there shall be allowed as a credit the amount of real property taxes paid which were imposed by a State or political subdivision on property owned and used by him as a principal residence or rent constituting such taxes as defined by the Internal Revenue Code. Allows payment by the U.S. Treasury to taxpayers to the extent of the difference between the credit and amount of such real property taxes where the tax imposed is less than real property taxes. Provides that the total credit payment for any taxable year shall not exceed $300 (or $150 in case of a single return). Reduces the amount of the credit allowed by the amount that the taxpayer's income exceeds $6,500 (or $3250 in the case of a married person filing a separate return). Directs that the credit be applied collectively in cases of joint ownership. Provides that where the joint return of the husband or wife is filed, the age requirement is met if either person is 65 or older. Apportions the credit allowed to cover only that part of a residence actually used by the taxpayer or that part of a farm not in excess of forty acres. Provides that an individual who is a tenant-stockholder in a cooperative housing corporation shall be treated as owning the house or apartment which he occupies and such person shall be treated as having paid real property taxes equal to the deduction allowable in direct proportion to taxes actually paid on a particular residence where during the taxable year there has been a change in residence. Provides that the term 'rent constituting property taxes" means an amount equal to 25 percent of the rent paid during a taxable year by the taxpayer for the right to occupy his dwelling (exclusive of charges for utilities, services, and furnishings). Reduces the amount of real property taxes paid by an individual by the amount of any refund given on such taxes. Provides that there shall be no assessment of interest charges where there has been an underpayment of taxes by an individual if the amount due is paid within sixty days after the taxpayer receives a refund of real property taxes which caused the underpayment. Specifies that deductions for State and local real property taxes shall not be affected by the credit allowed.
United States · United States Congress · 6 September 1973
Extends to all unmarried individuals the tax treatment of income splitting now utilized by married individuals filing joint returns under the Internal Revenue Code. Directs the Secretary of the Treasury to prescribe and publish tables reflecting the amendments made by this Act which shall apply in lieu of the tables set forth in the Internal Revenue Code with respect to wages paid on or after the first day of the first month which begins more than 20 days after the date of the enactment of this Act.
United States · United States Congress · 6 September 1973
Provides that no local educational agency's allocation under title I of the Elementary and Secondary Education Act of 1965 may be reduced for the fiscal year 1974 below its allocation for fiscal year 1973. States that any such agency's allocation which would be reduced below the fiscal 1973 level shall be brought to that level by proportionately reducing the allocations of the remainder of such agencies. (Amends 20 U.S.C. 863)
United States · United States Congress · 5 September 1973
Allows a tax credit, under the Internal Revenue Code, of 50 percent of the qualified State and local educational income taxes imposed on an individual and paid by him during the taxable year. Sets forth limitations on the allowable amount of such credit. Defines "State and local educational income taxes" and other terms used in this Act. Sets forth specified rules regarding educational income taxes paid by parnerships and by electing small business corporations. States that the amount of qualified State and local educational income taxes paid by an individual shall be reduced by the amount of any refund of such taxes, whether or not received during the taxable year.
United States · United States Congress · 3 August 1973
Provides that returns from the cooperative investment activities of colleges and schools are exempt from taxation under the Internal Revenue Code.
United States · United States Congress · 3 August 1973
Permits specified units of local government to satisfy the publication requirements of the State and Local Fiscal Assistance Act of 1972 by publishing simplified statements of the information contained in reports submitted under such Act.
United States · United States Congress · 3 August 1973
Anti-Architectural Barriers Act - Allows an income tax deduction under the Internal Revenue Code for the removal of architectural and transportational barriers, with respect to the aged and the handicapped, from trade or business facilities. (Adds 26 U.S.C. 189)
United States · United States Congress · 3 August 1973
Provides, under the Internal Revenue Code, that no Federal Agency may inspect any income tax return except upon an order of the President which identifies by name the person who filed such return. Makes it an offense to make unauthorized disclosures to divulge or publish any name, address or occupation.
United States · United States Congress · 3 August 1973
Allows a tax deduction under the Internal Revenue Code for sewer charges in the same manner as the deduction allowed for real property taxes.