HR 7267 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exempt the taxpayer's principal residence from a levy for collection of taxes and to remove the limitation on the amount of certain books and tools exempt from such levy.

Introduced 1973-04-19· Sponsored by Rep. Mitchell, Parren J. [D-MD-7]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-04-19)

Plain Language Summary

[AI summary unavailable — showing source text] Exempts the taxpayer's principal residence from levy for collection of taxes under the Internal Revenue Code and removes the limitation on the amount of specified books and tools exempt from such levy. (Adds 26 U.S.C. 6334(a)(9))…

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