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United States · Bill · HR

H.R. 13578 (95th)

Spending Limitation and Tax Reduction Act

referredUnited States· United States Congress· EN

Introduced

24 July 1978

Last action

24 July 1978 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Holt, Marjorie S. [R-MD-4], Rep. Armstrong, William L. [R-CO-5], Rep. Badham, Robert E. [R-CA-40], Rep. Bauman, Robert E. [R-MD-1], Rep. Beard, Robin [R-TN-6], Rep. Broyhill, James T. [R-NC-10], Rep. Burgener, Clair W. [R-CA-43], Rep. Conable, Barber B., Jr. [R-NY-35], Rep. Corcoran, Tom [R-IL-14], Rep. Crane, Philip M. [R-IL-12], Rep. Cunningham, John E. (Jack) [R-WA-7], Rep. Daniel, Robert W., Jr. [R-VA-4], Rep. Duncan, John J. [R-TN-2], Rep. Edwards, Jack [R-AL-1], Rep. Edwards, Mickey [R-OK-5], Rep. Frenzel, Bill [R-MN-3], Rep. Goodling, William F. [R-PA-19], Chuck Grassley, Rep. Guyer, Tennyson [R-OH-4], Rep. Hyde, Henry J. [R-IL-6], Rep. Johnson, James P. (Jim) [R-CO-4], Rep. Kindness, Thomas N. [R-OH-8], Rep. Latta, Delbert L. [R-OH-5], Rep. McDonald, Lawrence P. [D-GA-7], Rep. Michel, Robert H. [R-IL-18]

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Spending Limitation and Tax Reduction Act - Title I: Spending Limitation - Places limits on increases in Congressional spending for fiscal years 1980, 1981, and 1982. Title II: Tax Reduction - Amends the Internal Revenue Code to reduce individual, estate and trust, and corporate income tax rates in 1979 and 1980, and to establish a permanent reduction in such rates for 1981 and succeeding years. Increases the surtax exemption for corporations to $100,000.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 24 July 1978

    Introduced

    Referred to House Committee on Rules.

    Source: IntroReferral

  2. 24 July 1978

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 24 July 1978

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

Sources

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