HR 6447 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase the corporate surtax exemption.

Introduced 1975-04-29· Sponsored by Rep. Archer, Bill [R-TX-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-04-29)

Plain Language Summary

[AI summary unavailable — showing source text] Increases the surtax exemption allowed to corporations under the Internal Revenue Code from $25,000 to $50,000 for taxable year 1976, and then in increments of $10,000 per taxable year to $100,000 for taxable year 1981.…

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

Cosponsors (1)

1 Republican