A bill to amend the Internal Revenue Code of 1954 to provide for an increase in the amount of the corporate surtax exemption from $50,000 to $100,000 and to provide for annual adjustments of such amount to reflect changes in the Consumer Price Index.

Summary

Provides under the Internal Revenue Code for an increase in the amount of the corporate surtax exemption from $50,000 to $100,000. Provides for annual adjustments of such amount to reflect changes in the Consumer Price Index.

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

Timeline

1. 24 July 1975

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 24 July 1975

   Introduced

   Introduced in Senate

   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 Senate

  summary · EN · 24 July 1975

  Open at official source

Sponsors

• Sen. Brock, Bill [R-TN] · R · Sponsor
• · ssfi00 · Standing

Related records

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