HR 2122 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase to $1,200 the personal income tax exemptions of a taxpayer, including the exemption for a spouse, the exemptions for dependents, and the additional exemptions for old age and blindness.

Introduced 1977-01-19· Sponsored by Rep. Railsback, Thomas F. [R-IL-19]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-01-19)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase each of the standard personal exemptions to $1,200.…

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