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United States · Bill · HR

H.R. 13803 (93rd)

A bill to amend the Internal Revenue Code of 1954 and the Social Security Act to provide income and payroll tax relief to low-income and moderate-income taxpayers.

referredUnited States· United States Congress· EN

Introduced

27 March 1974

Last action

27 March 1974 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Reuss, Henry S. [D-WI-5], Rep. Abzug, Bella S. [D-NY-20], Rep. Badillo, Herman [D-NY-21], Rep. Boland, Edward P. [D-MA-2], Rep. Brasco, Frank [D-NY-11], Rep. Brown, George E., Jr. [D-CA-36], Rep. Carney, Charles J. [D-OH-19], Rep. Chisholm, Shirley [D-NY-12], Rep. Clay, William (Bill) [D-MO-1], Sen. Culver, John C. [D-IA], Rep. Daniels, Dominick V. [D-NJ-14], Rep. Eckhardt, Bob [D-TX-8], Rep. Edwards, Don [D-CA-10], Rep. Eilberg, Joshua [D-PA-4], Del. Fauntroy, Walter E. [D-DC-At Large], Rep. Ford, William D. [D-MI-15], Rep. Harrington, Michael J. [D-MA-6], Rep. Hechler, Ken [D-WV-4], Rep. Heckler, Margaret M. [R-MA-10], Rep. Hinshaw, Andrew J. [R-CA-40], Rep. Holtzman, Elizabeth [D-NY-16], Rep. McSpadden, Clem Rogers [D-OK-2], Rep. Moakley, John Joseph [D-MA-9], Rep. Moss, John E. [D-CA-3], Rep. Podell, Bertram L. [D-NY-13]

Subjects

Taxation

Source updated

1 August 2024

Taxation

Official sourceView documentsShare

Summary

Provides for increases in the standard deduction and low income allowances under the Internal Revenue Code. Provides formulas to determine the limited income exclusion for the tax on self-employment income and for tax wages. Requires the Secretary of the Treasury, with the concurrence of the Secretary of Health, Education, and Welfare, to prescribe regulations providing for prompt and effective relief for low-income and moderate-income taxpayers. Provides for appropriations from the General Fund to Social Security Trust Funds.

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

Timeline

  1. 27 March 1974

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 27 March 1974

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 27 March 1974

    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

No cross-record relationships stored yet.

Sources

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