United States · Bill · S
S. 3457 (93rd)
Inflation Adjustment Act
Introduced
8 May 1974
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
3 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 1972-September 1973), 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 1977 shall remain in effect.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 8 May 1974
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/3457
- Open data entity: https://api.congress.gov/v3/bill/93/s/3457