The world's political record
Records whose title is actually about this topic. Use a country filter if the list is still too broad.
151 records in US in 1973
United States · United States Congress · 3 August 1973
Repeals the authority of State officials to inspect corporate tax returns. (Amends 26 U.S.C. 6103 (b)
United States · United States Congress · 3 August 1973
Limits the authority for inspection of income tax returns by Federal agencies. Provides that examination of returns shall be made only for the purposes of investigating alleged irregularities and violations of the Internal Revenue Code. (Adds 26 U.S.C. 6103(a)(4))
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 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 · 3 August 1973
Allows an income tax credit of up to $600 under the Internal Revenue Code of 1954 for tuition expenses of the taxpayer or his spouse or a dependent at an institution of higher education. Defines the term institution of higher education for purposes of this Act. Allows an income tax credit for charitable contributions to institutions of higher education. Limits such tax credit for individuals to 20 percent of tax liability or $500, whichever is less, and for corporations to 5 percent of tax liability or $5,000, whichever is less. Provides that such tax credits shall not result in a refund to the taxpayer. (Adds 26 U.S.C. 39-40)
United States · United States Congress · 2 August 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 · 2 August 1973
Allows individuals an additional income tax exemption of $750 under the Internal Revenue Code for each dependent under the age of 19 who is disabled.
United States · United States Congress · 2 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 · 2 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 · 2 August 1973
Allows an income tax credit under the Internal Revenue Code to a claimant who is domiciled in the United States and 65 years of age for a taxable year for the property taxes accrued or 25 percent of the gross rent actually paid by a household solely for its right of occupancy for such taxable year, or both. Sets forth a table of claims allowed under the provisions of this Act, based on household income and taxes paid. Directs the Secretary of the Treasury or his delegate to make available suitable forms with instructions for claimants, including a form which may be included with or a part of the individual income tax form. Allows any person aggrieved by the denial in whole or in part of relief to appeal such denial to the Tax Court by filing a petition with such court within 90 days after such denial. (Adds 26 U.S.C. 1601-1605).
United States · United States Congress · 2 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 · 2 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 · 1 August 1973
Allows an individual an income tax deduction under the Internal Revenue Code for the expenses of traveling to and from work by means of mass transportation facilities
United States · United States Congress · 31 July 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 · 31 July 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 · 31 July 1973
Allows an individual who owns a passenger automobile which he uses in a carpool to deduct for income tax purposes: (1) 12 cents for each of the first 15,000 miles attributable to such use during the taxable year, and 9 cents for each mile in excess of 15,000, and (2) an amount equal to the amount paid or accrued by the taxpayer for parking attributable to such use during the taxable year.
United States · United States Congress · 31 July 1973
Provides that during the consideration of the bill (H.R. 9590) making appropriations for the Treasury Department, the U.S. Postal Service, the Executive Office of the President, and certain independent agencies, for the fiscal year ending June 30, 1974, and for other purposes, the provisions of clause 2, rule XXI are hereby waived with respect to specified provisions of the bill.
United States · United States Congress · 30 July 1973
Provides an exception under the Internal Revenue Code of 1954 for income tax withholding purposes for any remuneration paid to or on behalf of an employee or his beneficiary under or to an annuity plan, which at the time of such payment is a plan purchased by tax exempt organizations or funds organized for religious, charitable, scientific, literary, or educational purposes, or educational purposes, or by public schools. (Adds 26 U.S.C. 3401 (a) (12) (D))
United States · United States Congress · 30 July 1973
States that the term firearm under the National Firearms Act shall not include a machinegun which the Secretary of the Treasury or his delegate finds has special value as a collector's item or museum piece and finds is incapable of discharging a shot by means of an explosive and incapable of being readily restored to a firing condition. (Amends 26 U.S.C. 5845)
United States · United States Congress · 26 July 1973
Extends specified transitional rules, under the Internal Revenue Code of 1954, for allowing a charitable contribution deduction for purposes of the estate tax in the case of certain charitable remainder trusts. (Adds 26 U.S.C. 2055(e)(3)
United States · United States Congress · 26 July 1973
Provides that nothing in the State and Local Fiscal Assistance Act shall prevent any unit of local government from using amounts which it has raised from its own sources, and which have been replaced by funds received under such Act, for real property tax reduction.
United States · United States Congress · 26 July 1973
Provides that in the case of a charitable contribution of inventory, by a corporation or by an association taxable as a corporation, to an organization operated exclusively for religious, charitable, scientific, testing for public safety, literary, or educational purposes, and exempt from taxation, the income tax deduction under the Internal Revenue Code for such contribution shall be reduced by only half the reduction required as the amount of gain which would not have been long-term capital gain if the property contributed had been sold by the taxpayer at its fair market value. (Amends 26 U.S.C. 170(e))
United States · United States Congress · 25 July 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 · 24 July 1973
States that upon the adoption of this resolution it shall be in order to move that the House resolve itself into the Committee of the Whole House on the State of the Union for the consideration of 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 for other purposes. Provides that after general debate, which shall be confined to the bill and shall continue not to exceed three hours, to be equally divided and controlled by the chairman and ranking minority member of the Committee on Armed Services, the bill shall be read for amendment under the five-minute rule by titles instead of by sections. Requires that, at the conclusion of the consideration of the bill for amendment, the Committee shall rise and report the bill to the House with such amendments as may have been adopted, and the previous question shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit.
United States · United States Congress · 23 July 1973
Increases the limitations under the Internal Revenue Code on contributions by self-employed individuals to specified retirement plans to $7500 (presently $2500).
United States · United States Congress · 23 July 1973
Makes it clear that local governments may use amounts freed by revenue sharing for tax reduction, under the State and Local Fiscal Assistance Act of 1972.
United States · United States Congress · 19 July 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 · 19 July 1973
Authorizes appropriations of $30,000,000 for each of the fiscal years 1974, 1975, and 1976 to carry out the provisions of the International Travel Act of 1961. (Amends 22 U.S.C. 2126)
United States · United States Congress · 19 July 1973
Provides, under the Internal Revenue Code, that any capital expenditures incurred to connect a sewage line from the residence of a taxpayer to a municipal sewage system shall be considered to have been a depreciable capital expenditure incurred with respect to property held for the production of income. (Amends 26 U.S.C. 167)
United States · United States Congress · 17 July 1973
Provides under the Internal Revenue Code of 1954 that the privilege of filing joint returns shall be available only in the case of marriage partners having equal ownership, management, and control of the income, assets, and liabilities of the marriage partnership. (Adds 26 U.S.C. 6013(a)(4))
United States · United States Congress · 17 July 1973
Allows, under the Internal Revenue Code of 1954, a credit against the individual income tax for expenses paid by the taxpayer for the higher education of any individual, including the taxpayer. Excludes scholarships and fellowship grants, and educational assistance benefits paid by the Veterans' Administration, from such expenses paid for education purposes under this Act. Limits the eligibility for tax credit. Provides that the credit allowed to the taxpayer during the taxable year shall not exceed an amount equal to the sum of: (1) 100 percent of so much of the education expenses as does not exceed $200; (2) 75 percent of so much of such expenses as exceeds $200 but does not exceed $500; and (3) 25 percent of so much of such expenses as exceeds $500 but does not exceed $1,500. Reduces the credit allowable under this Act by an amount equal to 1 percent of the amount by which the taxpayer's adjusted gross income under the code exceeds $19,000.
United States · United States Congress · 17 July 1973
Exempts from taxation, under the Internal Revenue Code, interest on specified governmental obligations issued for the certified restoration of historic structures. (Amends 26 U.S.C. 103)
United States · United States Congress · 16 July 1973
Requires public disclosure of all contacts made with the Internal Revenue Service concerning any individual or corporate tax case by any official or employee of the executive or legislative branch of the Federal Government.
United States · United States Congress · 16 July 1973
Requires each preparer of income tax returns who does such for compensation to file an annual report with the Secretary of the Treasury, stating: (1) the name and address and the taxpayer identification number of each taxpayer for whom the preparer, during the 12-month period ending June 30, prepared a return of the tax imposed by chapter 1 of the Internal Revenue Code; (2) the business address and the home address of the preparer and his taxpayer identification number; (3) the place at which all copies of the returns prepared by him during such period will be held by him for inspection by the Secretary or his delegate; (4) if any such returns were prepared by him in his capacity as the employee, agent, or licensee of another person, the name, address, and taxpayer identification number of such other person and his relationship to such person; and (5) such other information as may be required under regulations promulgated by the Secretary or his delegate. Sets forth criminal penalties for violation of this section. Provides that each tax return shall disclose the name, address, and the taxpayer identification number of the preparer. States that if any person is convicted after the date of enactment of this Act of filing a false or fraudulent tax return, or of assisting in the preparation of any such return, it shall be unlawful after the date of conviction for such person to prepare for compensation the tax return of another taxpayer. (Adds 26 U.S.C. 6058, 7217)
United States · United States Congress · 16 July 1973
Allows a tax deduction under the Internal Revenue Code of not more than $750 for ordinary and necessary expenses paid during the taxable year for the repair or improvement of property used by the taxpayer as his principal residence. Permits any person who is the owner of rental housing and who rehabilitates or restores such housing to deduct the cost of such restoration, with respect to the amortization of the adjusted basis of such housing as so restored, based on a period of 60 months. Entitles any person who acquires rehabilitated or restored rental housing from a taxpayer who elected the amortization deduction and who did not discontinue the amortization deduction, to a deduction with respect to the adjusted basis of such facility based on the remaining amount of the 60 month period taken by the person who rehabilitated the house. Provides procedures for the election and termination of the amortization deduction and defines the terms used in this Act.
United States · United States Congress · 16 July 1973
Makes an additional appropriation of $20,000,000 to the National Institute of Arthritis, Rheumatism, Metabolic Diseases, and Digestive Diseases for the fiscal year ending June 30, 1974, for research on the cause and treatment of diabetes.
United States · United States Congress · 11 July 1973
Provides under the Internal Revenue Code that no Federal agency or instrumentality may inspect any income tax return except upon an order of the President which identifies by name the person who filed such return.
United States · United States Congress · 11 July 1973
Constitutional Amendment - Provides that, except in time of war or economic emergency declared by the Congress, expenditures of the Government may not exceed the revenues of the Government during any fiscal year.
United States · United States Congress · 29 June 1973
Provides that individuals 65 years of age or over who are eligible for or receiving social security benefits (and employers, with respect to such individuals) shall be exempt from payment of social security taxes.
United States · United States Congress · 29 June 1973
Provides, under the Internal Revenue Code, that no Federal agency or instrumentality may inspect any income tax return except upon an order of the President which identifies by name the person who filed such return.
United States · United States Congress · 29 June 1973
Provides that taxes under the Internal Revenue Code on self-dealing between a disqualified person and a private foundation shall not apply to the sale, exchange, or other disposition (other than by lease) of property which is owned by a private foundation to a disqualified person if: (1) such foundation is leasing substantially all of such property; (2) the disposition to such disqualified person occurs before January 1, 1975; and (3) such foundation receives in return for the disposition to such disqualified person an amount which equals or exceeds the fair market value of such property at the time of the disposition or at the time a contract for the disposition was previously executed in a transaction which would not constitute a prohibited transaction.
United States · United States Congress · 28 June 1973
Provides that in the case of a charitable contribution of inventory, by a corporation or by an association taxable as a corporation, to an organization operated exclusively for religious, charitable, scientific, testing for public safety, literary, or educational purposes, and exempt from taxation, the income tax deduction under the Internal Revenue Code for such contribution shall be reduced by only half the reduction required as the amount of gain which would not have been long-term capital gain if the property contributed had been sold by the taxpayer at its fair market value. (Amends 26 U.S.C. 170(e))
United States · United States Congress · 28 June 1973
States that upon the adoption of this resolution it shall be in order to move that the House resolve itself into the Committee of the Whole House on the State of the Union for the consideration of the bill (H.R. 8480) to require the President to notify the Congress whenever he impounds funds, to provide a procedure under which the House of Representatives or the Senate may disapprove the President's action and require him to cease such impounding, and to establish for the fiscal year 1974 a ceiling on total Federal expenditures. Provides that after general debate, which shall be confined to the bill and shall continue not to exceed four hours, to be equally divided and controlled by the chairman and ranking minority member of the Committee on Rules, the bill shall be read for amendment under the five-minute rule. Requires that, at the conclusion of the consideration of the bill for amendment, the Committee shall rise and report the bill to the House with such amendments as may have been adopted, and the previous question shall be considered as ordered on the bill and amendments thereto to final passage without intervening motion except one motion to recommit.
United States · United States Congress · 28 June 1973
States that upon the adoption of this resolution it shall be in order to move, clause 6, rule XXI to the contrary notwithstanding, that the House resolve itself into the Committee of the Whole House on the State of the Union for the consideration of the bill (H.R. 9055) making supplemental appropriations for the fiscal year ending June 30, 1973, and for other purposes, and all points of order against said bill for failure to comply with the provisions of clauses 2 and 5, rule XXI are hereby waived. Stipulates that it shall be in order to consider without the intervention of any point of order the following amendment in the nature of a substitute for section 307 of the bill H.R. 9055: "States that one of the funds herein appropriated under this Act or heretofore appropriated under any other Act may be expended to support directly or indirectly combat activities in, over, or from off the shores of Cambodia or in or over Laos by United States forces".
United States · United States Congress · 27 June 1973
Interstate Compacts - Title I: Consent to Enter into Compact and Conferral of Powers Upon Compact Commission States that Congress consents to any two or more States entering into the Multistate Tax Compact. Expands the powers of the Multistate Tax Commission, subject to specified conditions. Title II: Jurisdiction to Tax - Provides that no State or political subdivision shall require a person to collect and remit a sales or use tax with respect to an interstate sale of tangible personal property unless the person: (1) has a business location in the State; or (2) regularly makes deliveries in the State other than by common carrier or United States mail; or (3) regularly engages in the State in solicitation of orders by direct mail or avertising by means of newspapers, radio, or television. Title III: Maximum Income Attributable to Taxing Jurisdiction - Provides that a State or a political subdivision may not impose for any taxable year on a corporation taxable in more than one State, other than an excluded corporation, a net income tax measured by an amount of net income in excess of an amount calculated by a specified formula. Describes the factors to be calculated in such formula, including property, payroll and sales factors. Title IV: Sales and Use Taxes - Provides that a State or political subdivision may impose a sales tax or require a seller to collect a sales or use tax with respect to an interstate sale or tangible personal property only if the destination of the sale is: (1) in that State, or (2) in a contiguous State or political subdivision of a contiguous State for which the tax is required to be collected under a reciprocal collection agreement. Sets forth provisions dealing with credit for prior taxes, limitations on such credit, refunds and taxation of vehicles and motor fuels. Exempts household goods, including motor vehicles, in the case of persons who establish residence in a State. Provides for the treatment of transportation charges with respect to interstate sales. Defines the terms used in this Act, including: "sales tax", "use tax", "excluded corporation", "affiliated corporation", and "interstate sale". Provides that a person shall be considered to have a business location within a State only if that person (1) owns or leases property within the State, or (2) has one or more employees located in the State, or (3) regularly maintains specified stock in the State, or (4) regularly leases tangible personal property for use in the State. Details definitions for : (1) when property shall be considered to be located in a State; (2) when the operation of property shall be considered to be localized in a State, and (3) when an employee shall be considered to be located in a State. Provides that no State or political subdivision may, after the date of enactment of this Act, assess a tax against any person for periods ending on or before such date in or for which that person became liable for tax if the State or subdivision would not have had the power to assess such tax had this Act been in effect.
United States · United States Congress · 27 June 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 · 26 June 1973
Exempts from taxation specified property in the District of Columbia owned by the Washington Theater Club, Incorporated.
United States · United States Congress · 26 June 1973
Imposes a tax on all beer brewed or produced, and removed for consumption or sale, within the United States, or imported into the United States. Establishes a rate of tax of nine dollars for every barrel containing not more than thirty-one gallons and at a like rate for any other quantity or for fractional parts of a barrel. Reduces the rate of taxation for specified domestic production of beer.
United States · United States Congress · 26 June 1973
Exempts the District of Columbia, buildings belinging to and operated by dance, music, or drama groups which are not organized for profit and which present performances open to the public.
United States · United States Congress · 26 June 1973
Provides that during the consideration of the bill (H.R. 8916) making appropriations for the Departments of State, Justice and Commerce, the Judiciary, and related agencies for the fiscal year ending June 30, 1974, and for other purposes, all points of order against said bill for failure to comply with the provisions of clause 2, rule XXI are hereby waived.