United States · Bill · HR
H.R. 12554 (95th)
A bill to amend the Internal Revenue code of 1954 to provide for individuals a 20-percent maximum rate of income tax for certain amounts of dividends from common stock of domestic corporations.
Introduced
3 May 1978
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Amends the Internal Revenue Code to limit to 20 percent the income tax rate on common stock dividend income under $2,000 of individuals earning less that $50,000 a year.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 3 May 1978
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/95th-congress/house-bill/12554
- Open data entity: https://api.congress.gov/v3/bill/95/hr/12554