S 148 · 94th Congress · Taxation

Inflation Adjustment Tax Act

Introduced 1975-01-15· Sponsored by Sen. Packwood, Bob [R-OR]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1975-01-15)

Plain Language Summary

[AI summary unavailable — showing source text] Inflation Adjustment Act - Provides for the adjustment of the individual income tax tables, the standard deduction, and the personal exemption deduction each year according to the Consumer Price Index.…

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