HR 247
97th Congress
House
Taxation
Cost of living adjustments
Economics and Public Finance
Income tax
Indexing (Economic policy)
Inflation
Personal income tax
Tax exemption
Tax rates
Tax returns
Withholding tax
Anti Inflation Tax Act of 1981
Introduced: January 5, 1981
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Aug 4, 1981
See H.R.4242.
Jan 5, 1981
Referred to House Committee on Ways and Means.
Jan 5, 1981
Introduced in House
Plain-English summary
Anti-Inflation Tax Act of 1981 - Amends the Internal Revenue Code to require annual cost of living adjustments, based on the Consumer Price Index, to individual income tax rates, the personal tax exemption, withholding requirements, and minimum income tax return amounts.
What's happening now
See H.R.4242.
Committees of jurisdiction
1
Cosponsors
1