A bill to amend the Internal Revenue Code of 1954 to permit a deduction based upon the cost of living in certain States in determining adjusted gross income.

referredUnited States· United States Congress· EN

Introduced

21 March 1979

Last action

—

Status

Referred to Senate Committee on Finance.

Summary

Amends the Internal Revenue Code to allow nonitemizing taxpayers an income tax deduction for that portion of the taxpayer's personal service income which is equal to the amount by which cost of living increases in the State in which such taxpayer resides exceed national cost of living increases for the calendar year.

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

Timeline

No timeline events have been ingested for this record yet.

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 · 21 March 1979
Open at official source

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/96th-congress/senate-bill/698
Open data entity: https://api.congress.gov/v3/bill/96/s/698