HR 14250 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase to $1,200 the personal exemptions of a taxpayer (including the exemption for a spouse, the exemptions for dependents, and the additional exemptions for old age and blindness).

Introduced 1974-04-11· Sponsored by Rep. Railsback, Thomas F. [R-IL-19]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-04-11)

Plain Language Summary

[AI summary unavailable — showing source text] Increases, under the Internal Revenue Code, from $750 to $1,200 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).…

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