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United States · Bill · HR

H.R. 4487 (97th)

Revenue Recovery Act of 1981

referredUnited States· United States Congress· EN

Introduced

15 September 1981

Last action

—

Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

29 August 2025

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Summary

Revenue Recovery Act of 1981 - Amends the Internal Revenue Code, as amended by the Economic Recovery Tax Act of 1981, to repeal the 25 percent reduction in individual income tax rates. Provides a reduction in such rates of seven and one-half percent in 1982, five percent in 1983, and two and one-half percent in 1984. Requires a five percent withholding reduction on July 1, 1982 and July 1, 1983 to correspond with tax rate reductions.

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Documents

1 official file

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Sources

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