S 3111 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide for an 8 percent reduction in the amount of income tax withholding.

Introduced 1974-03-05· Sponsored by Sen. Mathias, Charles McC., Jr. [R-MD]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1974-03-05)

Plain Language Summary

[AI summary unavailable — showing source text] Provides, under the Internal Revenue Code, for an 8-percent reduction in the amount of income tax withholding at the source by an employer. States that such reduction shall apply with respect to wages paid on or after the 30th day after enactment of this Act. (Amends 26 U.S.C. 3402(a))…

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