S 1615 · 97th Congress · Taxation

A bill to provide that the individual income tax rate reductions provided by the Economic Recovery Tax Act of 1981 shall not take effect until the Federal budget is balanced.

Introduced 1981-09-11· Sponsored by Sen. Hart, Gary W. [D-CO]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1981-09-16)

Plain Language Summary

[AI summary unavailable — showing source text] Requires that the income tax reductions provided by the Economic Recovery Tax Act of 1981 not take effect until the Federal budget is balanced.…

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