HR 962 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase from $500 to $1,800 the personal income tax exemptions of a taxpayer (including the exemption for a spouse, the exemptions for a dependent, and the additional exemptions for old age and blindness).

Introduced 1973-01-03· Sponsored by Rep. Rarick, John R. [D-LA-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Provides for an increase, under the Internal Revenue Code of 1954, from $600 to $1,200 in the personal income tax exemption of a taxpayer (including the exemption for a spouse, the exemptions for a dependent, and the additional exemptions for old age and blindness).…

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