HR 14480 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase the rate of tax imposed on tax preferences from 10 percent to 14 percent and to reduce the amount of tax preference exempt from such tax.

Introduced 1976-06-21· Sponsored by Rep. Murtha, John P. [D-PA-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-06-21)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the rate of tax imposed on tax preferences from 10 to 14 percent. Reduces the amount of tax preferences exempt from such tax.…

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