United States · Bill · S
S. 3396 (93rd)
Cost-of-Living Adjustment Act
Introduced
29 April 1974
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
3 September 2025
Summary
Cost-of-Living Adjustment Act - Provides, under the Internal Revenue Code, for automatic cost-of-living adjustments, based on the Consumer Price Index, in: (1) the income tax rates; (2) the amount of standard deductions; (3) the amount of personal exemptions; (4) the amount of depreciation deductions; and (5) the adjusted basis for property. Makes cost-of-living adjustments in specified United States savings bonds and certificates and on other obligations of the United States.
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Documents
1 official file
Introduced in Senate
summary · EN · 29 April 1974
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/3396
- Open data entity: https://api.congress.gov/v3/bill/93/s/3396