HR 1340 · 95th Congress · Income tax
A bill to amend the Internal Revenue Code of 1954 to require that an annual report on the effects of inflation (or deflation) on the Federal income tax be transmitted to the Congress.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1977-01-04)
Plain Language Summary
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Amends the Internal Revenue Code to require the Secretary of the Treasury to make an annual report to Congress on the effects of inflation or deflation on taxpayers' income tax liabilities.…
Summarized by Claude AI · Non-partisan · For informational purposes only