HR 14834 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase the standard deduction.

Introduced 1976-07-22· Sponsored by Rep. Vander Veen, Richard F. [D-MI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-07-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the percentage standard deduction to an amount equal to 20 percent of adjusted gross income but not to exceed (1) $3,000 in the case of a joint return or a surviving spouse, (2) $2,500 in the case of an unmarried individual, or (3) $1,500 in the case of a married individual filing a separate return.…

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

Cosponsors (1)

1 Democrat
Rep. Anderson, Glenn M. [D-CA-35]CA