Skip to content
PoliticalRepoPoliticalRepo

Subjects · United States

Taxation

Records whose title is actually about this topic. Use a country filter if the list is still too broad.

1,101 records in US in 1977

Records

Bill· HRH.R. 2681 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to allow individuals an income tax credit for certain expenses of elementary or secondary education.

United States · United States Congress · 31 January 1977

Allows a credit against the income tax for amounts paid during the year to any nonprofit elementary or secondary school for the education of a dependent. Limits the allowable credit, per dependent, to $300, or 100 percent of the tuition paid for such education during the year, whichever is less, with a progressive decrease of this limitation for individuals who have an adjusted gross income that is greater than $22,500.

Bill· HRH.R. 2704 (95th)referred

A bill to provide that individuals who retired on disability before October 1, 1976, shall be entitled to the exclusion for disability payments under section 105(d) of the Internal Revenue Code of 1954 without regard to the income limitation in such section.

United States · United States Congress · 31 January 1977

Amends the Tax Reform Act to provide an unlimited exclusion from gross income of disability payments received by persons who retired on or before October 1, 1976, and either retired on disability, or were entitled to retire on disability.

Bill· HRH.R. 2706 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to exempt certain additional aircraft museums from Federal fuel taxes and the Federal tax on the use of civil aircraft.

United States · United States Congress · 31 January 1977

Amends the Internal Revenue Code to exempt government chartered air museums operated exclusively for the care or use of antique, custom-built, racing, military or other special types of aircraft from the excise taxes on special fuels and the use of civil aircraft.

Bill· HRH.R. 2707 (95th)referred

A bill to amend the Act of October 20, 1976, relating to payments to local governments based upon certain public lands within the boundaries of the jurisdiction of such governments to include payments for lands on which certain semiactive or inactive military installations are located.

United States · United States Congress · 31 January 1977

Directs the Secretary of the Treasury to make payments to local governments under present law based upon lands within the jurisdiction of such local government on which are located semiactive or inactive installations retained by the Army for mobilization purposes and for support of reserve component training.

Bill· HRH.R. 2698 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to allow a credit against income tax to individuals for certain expenses incurred in higher education.

United States · United States Congress · 31 January 1977

Amends the Internal Revenue Code to allow taxpayers to credit against the income tax specified higher education expenses, including tuition, fees, books, and supplies, incurred by the taxpayer for himself or any dependent. Limits the credit to 100 percent of the first $200 for any individual, 25 percent of the next $300, and 5 percent of the next $1,000. Limits the credit to expenses incurred by full time students at institutions of vocational and higher education, minus scholarships and veterans' benefits. Limits the total credit allowed the taxpayer to his income tax liability minus the sum of all other credits applied thereto. Disallows any deduction of educational expenses used to determine the amount of the credit allowed by this Act.

Bill· HRH.R. 2691 (95th)referred

Congregate Housing Services Act

United States · United States Congress · 31 January 1977

Amends the Internal Revenue Code to allow employers a refundable income tax credit for 50 percent of the wages paid new employees during the taxable years for work done in the United States. Limits the credit taken to $80,000. Limits the number of employees for whom credit may be taken to ten new employees, or the maximum number of employees paid by the taxpayer during the calendar quarter ending the previous June 30th, whichever number is less. Directs the Secretary to submit reports to Congress, in 1978 and 1980 assessing the impact of this credit.

Bill· HRH.R. 2680 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to allow a credit against income tax to individuals for certain expenses incurred in higher education.

United States · United States Congress · 31 January 1977

Amends the Internal Revenue Code to allow taxpayers to credit against the income tax specified higher education expenses, including tuition, fees, books, and supplies, incurred by the taxpayer for himself or any dependent. Limits the credit to 100 percent of the first $200 for any individual, 25 percent of the next $300, and 5 percent of the next $1,000. Limits the credit to expenses incurred by full time students at institutions of vocational and higher education, minus scholarships and veterans' benefits. Limits the total credit allowed the taxpayer to his income tax liability minus the sum of all other credits applied thereto. Disallows any deduction of educational expenses used to determine the amount of the credit allowed by this Act.

Bill· HRH.R. 2687 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to treat a portion of tuition paid to certain educational institutions as a charitable contribution.

United States · United States Congress · 31 January 1977

Amends the Internal Revenue Code to allow a tax deduction for amounts paid by the taxpayer to a tax exempt education institution for the tuition of the taxpayer, his spouse, or a dependent. Limits such deduction for tuition and fees paid with respect to an individual to $2,000.

Bill· HRH.R. 2679 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to exempt from taxation the pay received by members of the National Guard or of reserve components of the Armed Forces to the extent that such pay does not exceed $5,000.

United States · United States Congress · 31 January 1977

Amends the Internal Revenue Code to exclude from gross income the first $5,000 received by an individual for service during less-than-30 day periods as a member of the National Guard or a reserve component of the Armed Forces.

Bill· HRH.R. 2674 (95th)referred

A bill to repeal the carryover basis provisions added by the Tax Reform Act of 1976.

United States · United States Congress · 31 January 1977

Amends the Internal Revenue Code to repeal the carryover basis provisions enacted by the Tax Reform Act which provide that beneficiaries receiving property from a decedent's estate will retain the decedent's basis in the property. Restores prior law which "stepped up" or "stepped down" the property's basis to its market value at the time of death without imposing tax consequences on the appreciation or depreciation the property underwent while held by the decedent.

Resolution· HRESH.Res. 211 (95th)referred

Resolution disapproving the recommendations of the President with respect to the rates of pay of Federal officials transmitted to the Congress for the fiscal year ending September 30, 1978.

United States · United States Congress · 31 January 1977

Disapproves the recommendations of the President transmitted to Congress, pursuant to the Federal Salary Act of 1967, recommending rates of pay for: (1) the Vice President, Members of Congress and the Resident Commissioner from Puerto Rico; (2) specified positions in the legislative branch; (3) specified judicial personnel; (4) specified positions under the Executive Schedule; and (5) the Board of Governors of the United States Postal Service.

Bill· SS. 495 (95th)referred

A bill to authorize appropriations for fiscal year 1978 in accordance with section 261 of the Atomic Energy Act of 1954, as amended, and section 305 of the Energy Reorganization Act.

United States · United States Congress · 28 January 1977

Authorizes the appropriation of $292,150,000 to the Nuclear Regulatory Commission for salaries and expenses, to remain available until expended. Authorizes transfers of sums from nuclear safety research programs for use as salaries and expenses. Authorizes transfers of sums to other agencies involved in similar activities.

Bill· HRH.R. 2629 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to restrict the authority for inspection of tax returns and the disclosure of information contained therein.

United States · United States Congress · 27 January 1977

States that all returns made with respect to the taxes imposed by the Internal Revenue Code are confidential records. Provides that: (1) no such return shall be open to inspection; and (2) no information contained in any such return shall be disclosed. Authorizes inspections by the following persons: (1) the taxpayer or his authorized representative; (2) officers and employees of the Internal Revenue Service, Department of the Treasury, Department of Justice, and State and local government employees solely for purposes of enforcement and administration of the tax laws; and (3) the President of the United States in the necessary performance of his official duties. Increases the criminal penalties for unauthorized disclosure of information under the provisions of the Internal Revenue Code. States that any person who knowingly receives any information or material which is disclosed or furnished in violation of the provisions of this Act shall be guilty of a felony and subject to a fine of up to $10,000, imprisoned for up to five years, or both.

Bill· HRH.R. 2640 (95th)referred

Economic Development Revenue Bond Act

United States · United States Congress · 27 January 1977

Economic Development Revenue Bond Act - Amends the Internal Revenue Code to restrict the tax exclusion of interest on industrial development bonds to issues having an aggregate face amount of $50,000,000 or less, the proceeds of which are to be used for the acquisition, construction or improvement of land or depreciable property in certified economic development areas, or for the redemption of such issues. Provides for the annual certification by the Secretary of Commerce of qualified areas which meet the criteria and purpose of the Public Works and Economic Development Act. Allows the continued exclusion of industrial development bonds excludable before this Act where the bonds were issued or authorized before enactment, or where a governmental unit or other person has made specified types of financial commitments relating to such issues before enactment. Allows national banks to deal in and underwrite industrial development bonds for economic development areas.

Bill· HRH.R. 2642 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to allow a tax credit on houses or apartments for a portion of the real estate taxes paid or incurred by their landlords.

United States · United States Congress · 27 January 1977

Amends the Internal Revenue Code to allow an income tax credit for 25 percent of the amount of rent paid by the taxpayer which is equal to the taxpayer's proportionate share of the local and State property taxes imposed on the land and building in which his dwelling unit is located.

Bill· HRH.R. 2601 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to encourage greater conservation of energy in home heating and cooling by allowing individuals a credit for 25 percent of amounts paid or incurred for the installation of more effective insulation and heating equipment in existing residential structures.

United States · United States Congress · 27 January 1977

Amends the Internal Revenue Code to allow an individual income tax credit for 25 percent of the amounts paid or incurred for the purchase and installation of qualified insulative materials or heating equipment in the taxpayer's principal residence. Limits the credit to $375, or $750 in the case of a joint return. Stipulates that to be considered qualified such improvements must meet heat loss reduction or heating efficiency criteria to be established by the Secretary of the Treasury in accordance with standards developed and prescribed by the National Bureau of Standards.

Bill· HRH.R. 2638 (95th)referred

A bill to amend title I of the Housing and Community Development Act of 1974 for the purpose of providing that units of general local government receiving grants under the hold-harmless provision of such title shall be entitled, after fiscal year 1977, to continue to receive at least the amount to which they are presently entitled under such provisions.

United States · United States Congress · 27 January 1977

Amends the Housing and Community Development Act to provide that units of general local government receiving grants, under the hold-harmless provisions of such Act, shall be entitled, after fiscal year 1977, to continue to receive the amount to which they are presently entitled.

Bill· HRH.R. 2628 (95th)referred

Legal Fees Reimbursement Act

United States · United States Congress · 27 January 1977

Legal Fees Reimbursement Act - Amends the Internal Revenue Code to provide for the reimbursement of all of a taxpayer's reasonable litigation expenses, including attorneys' fees, in any legal action commenced by the Government, or any action instituted by a taxpayer contesting the accuracy of a deficiency assessment or claiming a refund, in which the taxpayer substantially prevails, or the Government withdraws.

Bill· HRH.R. 2589 (95th)referred

Jobs Creation Act

United States · United States Congress · 27 January 1977

Jobs Creation Act - Amends the Internal Revenue Code to reduce the individual income tax rates. Allows a credit against the income tax up to $1,000, for ten percent of the increase in the total savings deposits and investments since the end of the previous year. Allows a limited income tax deduction by certain domestic corporations for dividends paid. Limits corporate deductions for dividends received from foreign corporations. Repeals corporate deductions for other dividends received. Allows the taxpayer to take a deduction for specified percentages of the acquisition costs of certain types of property, with a corresponding reduction in basis, in lieu of a depreciation deduction. Doubles the corporate surtax exemption to $100,000.

Bill· HRH.R. 2631 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to provide a tax credit with respect to housing senior citizens in the principal residence of the taxpayer.

United States · United States Congress · 27 January 1977

Amends the Internal Revenue Code to allow a limited tax credit in an amount of $250 for each individual who is at least 61 years of age before the beginning of the taxable year, whose principal place of abode during the taxable year is the principal residence of the taxpayer, and who is not a lodger with the taxpayer.

Bill· HRH.R. 2577 (95th)referred

A bill to amend title I of the Housing and Community Development Act of 1974 for the purpose of providing that units of general local government receiving grants under the hold-harmless provisions of such title shall be entitled, after fiscal year 1977, to continue to receive at least the amount to which they are presently entitled under such provisions.

United States · United States Congress · 27 January 1977

Amends the Housing and Community Development Act to provide that units of general local government receiving grants, under the hold-harmless provisions of such Act, shall be entitled, after fiscal year 1977, to continue to receive the amount to which they are presently entitled.

Bill· HRH.R. 2592 (95th)referred

Jobs Creation Act

United States · United States Congress · 27 January 1977

Jobs Creation Act - Amends the Internal Revenue Code to reduce the individual income tax rates. Allows a credit against the income tax up to $1,000, for ten percent of the increase in the total savings deposits and investments since the end of the previous year. Allows a limited income tax deduction by certain domestic corporations for dividends paid. Limits corporate deductions for dividends received from foreign corporations. Repeals corporate deductions for other dividends received. Allows the taxpayer to take a deduction for specified percentages of the acquisition costs of certain types of property, with a corresponding reduction in basis, in lieu of a depreciation deduction. Doubles the corporate surtax exemption to $100,000.

Bill· HRH.R. 2590 (95th)referred

Jobs Creation Act

United States · United States Congress · 27 January 1977

Jobs Creation Act - Amends the Internal Revenue Code to reduce the individual income tax rates. Allows a credit against the income tax up to $1,000, for ten percent of the increase in the total savings deposits and investments since the end of the previous year. Allows a limited income tax deduction by certain domestic corporations for dividends paid. Limits corporate deductions for dividends received from foreign corporations. Repeals corporate deductions for other dividends received. Allows the taxpayer to take a deduction for specified percentages of the acquisition costs of certain types of property, with a corresponding reduction in basis, in lieu of a depreciation deduction. Doubles the corporate surtax exemption to $100,000.

Bill· HRH.R. 2591 (95th)referred

Jobs Creation Act

United States · United States Congress · 27 January 1977

Jobs Creation Act - Amends the Internal Revenue Code to reduce the individual income tax rates. Allows a credit against the income tax up to $1,000, for ten percent of the increase in the total savings deposits and investments since the end of the previous year. Allows a limited income tax deduction by certain domestic corporations for dividends paid. Limits corporate deductions for dividends received from foreign corporations. Repeals corporate deductions for other dividends received. Allows the taxpayer to take a deduction for specified percentages of the acquisition costs of certain types of property, with a corresponding reduction in basis, in lieu of a depreciation deduction. Doubles the corporate surtax exemption to $100,000.

Resolution· HRESH.Res. 201 (95th)referred

A resolution disapproving the recommendations of the President with respect to the rates of pay of Federal officials transmitted to the Congress for the fiscal year ending September 30, 1978.

United States · United States Congress · 27 January 1977

Disapproves the recommendations of the President transmitted to Congress, pursuant to the Federal Salary Act of 1967, recommending rates of pay for: (1) the Vice President, Members of Congress and the Resident Commissioner from Puerto Rico; (2) specified positions in the legislative branch; (3) specified judicial personnel; (4) specified positions under the Executive Schedule; and (5) the Board of Governors of the United States Postal Service.

Bill· SS. 456 (95th)referred

A bill to amend the Internal Revenue Code of 1954.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to allow public utilities to exclude from gross income, as contributions to capital, all amounts received in aid of construction of electric energy or gas facilities.

Bill· HRH.R. 2536 (95th)referred

Human Investment Tax Incentive Act

United States · United States Congress · 26 January 1977

Human Investment Tax Incentive Act - Allows a tax credit, under the Internal Revenue Code, in an amount equal to 20 percent of employee training expenses. Limits such credit to an amount not to exceed so much of the liability for tax as does not exceed $25,000, plus 50 percent of so much of the liability for tax as exceeds $25,000. Defines "employee training expenses" as the wages and salaries of employees enrolled in an apprenticeship program or a cooperative education program or the tuition and course fees paid by the taxpayer for improving the job-related skills of an employee.

Bill· HRH.R. 2493 (95th)referred

A bill to allow a credit against Federal income taxes or payments from the U.S. Treasury for State and local real property taxes or an equivalent portion of rent paid on their residences by individuals who have attained age 65.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to allow persons aged 65 or over a refundable credit against the income tax for the real property taxes, or 25 percent of the rent (exclusive of charges for utilities, furnishings, services, etc.) paid on their principal residences. Limits the credit to $300, or $150 in the case of a married individual filing a separate return. Reduces the allowable credit by an amount equal to the amount by which the taxpayer's adjusted gross income exceeds $6,500. Extends the credit to married individuals filing jointly where either spouse has attained the age of 65. Provides that the credit and limitations shall be applied collectively to unmarried joint owners. Limits the credit to those expenditures attributable to that part of property which is actually used as the principal residence, where the property is used for other purposes also. Provides that credit allowed by this Act shall not affect the taxpayers' allowable deductions for real property taxes.

Bill· HRH.R. 2522 (95th)referred

A bill to provide a 2-cents-a-gallon tax reduction on gasoline sold for use in highway vehicles where the gasoline contains cereal grain alcohol as a substitute for lead.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to provide a two cents per gallon refund of the gasoline tax on gasoline using cereal grain alcohol (gasohol) as a substitute for lead. Limits the refund to vendors who have passed on the tax savings to purchasers.

Bill· HRH.R. 2512 (95th)referred

Taxpayer Audit Disclosure Act

United States · United States Congress · 26 January 1977

Taxpayer Audit Disclosure Act - Requires the establishment of formal procedures and criteria for the selection of individual income tax returns for audit. Directs the Secretary of the Treasury or his delegate to provide any individual selected for auditing with a written notice which clearly specifies the reasons for and manner in which the return of such individual was selected for audit. Provides that the Secretary or his delegate shall furnish to such individual a written explanation which describes the audit procedure, the rights which a taxpayer may exercise during such procedure, the right of the taxpayer to make an administrative or judicial appeal from an adverse decision at the end of such procedure, and the right of the taxpayer to claim a refund. Requires the Secretary of the Treasury or his delegate to submit to the Joint Committee on Internal Revenue Taxation before September 30 of each year a report setting forth: (1) the number of individuals whose returns were selected for audit during the previous 12-month period; (2) a classification of individuals whose returns were audited during the previous 12-month period by, among other factors, income levels, geographic distribution, and profession; (3) the number of individuals audited during the previous 12-month period who were found to have made underpayments or overpayments of tax, together with summary statistics reflecting the percentage of such number, by income category, who made underpayments or overpayments of certain ranges of amounts (to be determined by the Secretary or his delegate); and (4) such other information as may be requested by the joint committee in accordance with the purposes of this Act.

Bill· HRH.R. 2492 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to permit the full deduction of medical expenses incurred for the care of individuals of 65 years of age and over, without regard to the 3-percent and 1-percent floors.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code of 1954 to permit the full deduction of medical expenses incurred for the care of individuals 65 years of age or more, without regard to the three and one percent floors.

Bill· HRH.R. 2461 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to treat Federal retirement system income the same as social security income to the extent that such retirement income does not exceed the sum of old-age benefits which may be received under title II of the Social Security Act and amounts which may be earned without reducing such benefits.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to exclude Federal retirement benefits from the income tax to the same extent the beneficiaries would have been entitled to exclude benefits and income under the Social Security Act.

Bill· HRH.R. 2445 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to allow individuals to designate $1 of their income tax liability to be used for purposes of providing financial assistance to the United States Olympic Committee.

United States · United States Congress · 26 January 1977

Establishes on the books of the Treasury a fund to be known as the "United States Olympic Committee Fund." Allows an individual taxpayer to designate $1 of his income taxes for the Fund. Provides that amounts in the fund shall be paid to the United States Olympic Committee, which shall report on the uses made of these funds.

Bill· HRH.R. 2468 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to allow a deduction from gross income for social agency, legal, and related expenses incurred in connection with the adoption of a child by the taxpayer.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to allow an income tax deduction for agency fees, court costs, attorney's fees and other necessary costs and fees incurred in the adoption of a child. Limits this deduction to $2,000.

Bill· HRH.R. 2444 (95th)referred

A bill to amend section 4945(g) of the Internal Revenue Code of 1954 to make it clear that nothing in that provision authorizes the limitation of the grants awarded by a private Foundation to a fixed percentage of the number of applicants for such grants.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to provide that the Secretary of the Treasury may not prescribe regulations which limit the number of education grants by private foundations to specified portions of their applicants in order to qualify as nontaxable expenditures.

Bill· HRH.R. 2405 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to allow persons covered by certain other retirement plans to establish personal savings for retirement.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to allow individuals an income tax deduction for amounts paid into an employee's tax-exempt retirement trust, or for an annuity contract. Limits the allowable deduction to 15 percent of the individual's gross income, or $1,500, whichever is less, minus a specified portion of the employer's contributions and, in the case of employees exempt from self-employment, FICA or Railroad Retirement Act taxation, the amount of FICA tax liability they would have paid if they were not exempt.

Bill· HRH.R. 2434 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to encourage the employment of handicapped individuals by providing a tax credit for a certain portion of the wages paid to such individuals.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to allow employers to take the credit for expenses of work incentive programs for wages paid new, full-time handicapped employees over the first cumulative 12 months of their employment.

Bill· HRH.R. 2404 (95th)referred

Youth Apprentice Tax Credit Act

United States · United States Congress · 26 January 1977

Youth Apprentice Tax Credit Act - Allows the taxpayer a tax credit for 20 percent of the expenses paid or incurred for the education and compensation of youths in qualified youth apprenticeship programs. Provides for the certification of qualified youth apprenticeship programs by the Secretary of Labor under the Comprehensive Employment and Training Act.

Bill· HRH.R. 2402 (95th)referred

Private Sector, Part-Time Employment Act

United States · United States Congress · 26 January 1977

Private Sector, Part-Time Employment Act - Allows a tax credit, under the Internal Revenue Code, in an amount equal to the aggregate of 20 percent of the part-time employee whose equivalent full-time salary is less than $14,000, plus 25 percent of the part-time employment expenses incurred with respect to any qualified part-time employee whose equivalent full-time annual salary is $14,000 or more. Limits the applicability of such credit to the lesser of 20 percent of the average number of employees employed by the taxpayer or the increase in the number of part-time employees employed in this taxable year over the preceding taxable year. Provides for the carryback and the carryover of such credit to the extent that the allowable credit exceeds the taxpayer's current liability.

Bill· HRH.R. 2384 (95th)referred

A bill to amend the Internal Revenue Code of 1954 to exempt certain agricultural aircraft from the aircraft use tax, to provide for the refund of the gasoline tax to the agricultural aircraft operator.

United States · United States Congress · 26 January 1977

Amends the Internal Revenue Code to exempt aircraft used primarily for agricultural operation from the excise tax on civil aircraft. Provides for the refund of the excise tax on gasoline used for farming purposes in an aircraft to the aerial applicator who purchased it.

Resolution· HRESH.Res. 191 (95th)referred

Resolution disapproving the recommendations of the President with respect to the rates of pay of Federal officials transmitted to the Congress for the fiscal year ending September 30, 1978.

United States · United States Congress · 26 January 1977

Disapproves the recommendations of the President transmitted to Congress, pursuant to the Federal Salary Act of 1967, recommending rates of pay for: (1) the Vice President, Members of Congress and the Resident Commissioner from Puerto Rico; (2) specified positions in the legislative branch; (3) specified judicial personnel; (4) specified positions under the Executive Schedule; and (5) the Board of Governors of the United States Postal Service.

PreviousPage 22 of 23Next