United States · Bill · S
S. 1995 (94th)
Inflation Adjustment Act
Introduced
23 June 1975
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Inflation Adjustment Act - Provides, under the Internal Revenue Code, for an inflation adjustment based on the percentage difference in the price index for an inflation year and the price index for the base period (October 1973 - September 1974), in the rates of tax, the standard and personal exemption deductions, and the income tax collected at the source. Requires that the adjustment in effect for calendar year 1978 shall remain in effect.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 23 June 1975
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/94th-congress/senate-bill/1995
- Open data entity: https://api.congress.gov/v3/bill/94/s/1995