SJRES 252 · 93th Congress · Economics and Public Finance

A joint resolution to limit expenditures of the United States Government during the fiscal year ending June 30, 1975.

Introduced 1974-10-11· Sponsored by Sen. Fannin, Paul J. [R-AZ]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1974-10-11)

Plain Language Summary

[AI summary unavailable — showing source text] Stipulates that expenditures and net lending during the fiscal year 1975 under the Budget of the United States Government shall be limited to $297,000,000,000. States that if such expenditures and net lending during the fiscal year ending June 30, 1975, exceed $297,000,000,000, a surtax of five percent shall be applied with respect to the income tax of taxpayers for taxable year 1975.…

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

Cosponsors (4)

4 Republicans