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).
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1974-02-27)
Plain Language Summary
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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