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United States · Bill · S

S. 1969 (95th)

Simpliform Tax Act

referredUnited States· United States Congress· EN

Introduced

1 August 1977

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

2 September 2025

Summary

Simpliform Tax Act - Amends the Internal Revenue Code to repeal and/or restrict specified tax credits, deductions, exclusions and other items of tax preference relating to the individual income tax. Lowers individual income tax rates. Taxes gains on appreciated property passing by gratuitous transfer as though the property was sold by the transferor.

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Documents

1 official file

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Sources

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