HR 5271 · 96th Congress · Taxation

Tax Reduction Act of 1979

Introduced 1979-09-13· Sponsored by Rep. Pashayan, Charles, Jr. [R-CA-17]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-09-13)

Plain Language Summary

[AI summary unavailable — showing source text] Tax Reduction Act of 1979 - Reduces individual income tax rates for taxable years 1979, 1980, and 1981. Makes the 1981 rate reduction permanent. Reduces the corporate income tax rates. Increases the corporate surtax exemption to $100,000.…

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

Cosponsors (1)

1 Republican
Rep. Kemp, Jack [R-NY-38]NY