HR 2416 · 93th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to provide for income averaging in the event of downward fluctuations in income.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-01-18)
Plain Language Summary
[AI summary unavailable — showing source text]
Establishes a formula for income averaging under the Internal Revenue Code in the event of a downward fluctuation in income.…
Summarized by Claude AI · Non-partisan · For informational purposes only