HR 1277
102th Congress
House
Taxation
Families
Income tax
Indexing (Economic policy)
Support of dependents
Tax administration
Tax deductions
Tax exemption
To amend the Internal Revenue Code of 1986 to increase the amount of the exemption for dependent children under age 18 to $3,500, and for other purposes.
Introduced: March 5, 1991
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 5, 1991
Referred to the House Committee on Ways and Means.
Mar 5, 1991
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to increase the personal exemption for a dependent child who has not attained age 18 from $2,000 to $3,500.
Provides for rounding inflation adjustments to tax tables to the nearest multiple of $10 (currently rounded to the next lowest multiple of $50).
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1