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United States · Bill · HR

H.R. 11923 (95th)

Inflation Adjustment Tax Act

referredUnited States· United States Congress· EN

Introduced

6 April 1978

Last action

—

Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

2 September 2025

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Summary

Inflation Adjustment Tax Act - Provides, under the Internal Revenue Code, for automatic cost-of-living adjustments, based on the Consumer Price Index, in: (1) the income tax rates; (2) the amount of personal exemptions; (3) the amount of depreciation deductions; (4) the adjusted basis for property; and (5) the corporate surtax exemption.

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Documents

1 official file

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