A bill to amend the Internal Revenue Code of 1954 to increase the standard deduction.

Summary

Amends the Internal Revenue Code to increase the percentage standard deduction to an amount equal to 20 percent of adjusted gross income but not to exceed (1) $3,000 in the case of a joint return or a surviving spouse, (2) $2,500 in the case of an unmarried individual, or (3) $1,500 in the case of a married individual filing a separate return.

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

Timeline

1. 22 July 1976

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 22 July 1976

   Introduced

   Introduced in House

   Source: IntroReferral

3. 22 July 1976

   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

• Introduced in House

  summary · EN · 22 July 1976

  Open at official source

Sponsors

• Rep. Vander Veen, Richard F. [D-MI-5] · D · Sponsor
• Rep. Anderson, Glenn M. [D-CA-32] · D · Cosponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to increase the standard deduction.