HR 69 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that no individual shall pay an income tax of less than 10 percent of his net income which exceeds $30,000 for any taxable year.

Introduced 1975-01-14· Sponsored by Rep. Bennett, Charles E. [D-FL-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-01-14)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that no individual shall pay an income tax of less than 10 percent of his net income which exceeds $30,000 for any taxable year. Defines net income as adjusted gross income computed without excluding interest on governmental bonds.…

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