S 2175 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide for an increase in the amount of the corporate surtax exemption from $50,000 to $100,000 and to provide for annual adjustments of such amount to reflect changes in the Consumer Price Index.

Introduced 1975-07-24· Sponsored by Sen. Brock, Bill [R-TN]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1975-07-24)

Plain Language Summary

[AI summary unavailable — showing source text] Provides under the Internal Revenue Code for an increase in the amount of the corporate surtax exemption from $50,000 to $100,000. Provides for annual adjustments of such amount to reflect changes in the Consumer Price Index.…

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