HR 13092 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase to $1,250 the personal income tax exemptions of a taxpayer (including the exemption for a spouse, the exemptions for dependents, and the additional exemptions for old age and blindness).

Introduced 1974-02-27· Sponsored by Rep. Patman, Wright [D-TX-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-02-27)

Plain Language Summary

[AI summary unavailable — showing source text] Increases to $1,250 (presently $750) the personal income tax exemptions of a taxpayer under the Internal Revenue Code (including the exemption for a spouse, the exemptions for dependents, and the additional exemptions for old age and blindness). (Amends 26 U.S.C. 151)…

Summarized by Claude AI · Non-partisan · For informational purposes only