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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
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This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 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
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 Plain-English summary Congressional Research Service

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 August 4, 1981

See H.R.4242.

 Related & companion bills 2
  • HR 4242 Related bill Economic Recovery Tax Act of 1981
  • HR 3421 Identical bill Anti-Inflation Tax Act of 1981
 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Smith, Christopher H.
New Jersey · Feb 3, 1981
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 247: Anti Inflation Tax Act of 1981. 97th Congress. Open America. https://openamerica.io/bill/97-HR-247/
MLA
"H.R. 247: Anti Inflation Tax Act of 1981." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-247/.
Bluebook (legal)
H.R. 247, 97th Cong. (2026), https://openamerica.io/bill/97-HR-247/.
Markdown link
[H.R. 247: Anti Inflation Tax Act of 1981](https://openamerica.io/bill/97-HR-247/)
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