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United States · Bill · HR

H.R. 2733 (94th)

A bill to amend the Internal Revenue Code of 1954 to increase the standard deduction from 15 percent to 20 percent, and to increase the maximum allowable amount of each deduction from $2,000 to $2,500.

referredUnited States· United States Congress· EN

Introduced

4 February 1975

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

1 August 2024

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Summary

Increases the standard deduction allowed under the Internal Revenue Code from 15 percent to 20 percent, and increases the maximum allowable amount of such deduction from $2,000 to $2,500.

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Documents

1 official file

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Sources

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