Skip to main content
HR 247 97th Congress House

Anti Inflation Tax Act of 1981

Official title: A bill to amend the Internal Revenue Code of 1954 to provide for cost-of-living adjustments in the individual tax rates and in the amount of personal exemptions.

Introduced: February 3, 1981 See on congress.gov
Taxation Cost of living adjustmentsEconomics and Public FinanceIncome taxIndexing (Economic policy)
More subjectsShow fewer subjects
InflationPersonal income taxTax exemptionTax ratesTax returnsWithholding tax
Sign in to write a letter Sign in to watch
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
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action August 4, 1981

See H.R.4242.

 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.

 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 5
All 5 Republican 1
STENHOLM, CHARLES
· Jul 21, 1981
CRANE, PHILIP
· Jun 16, 1981
 R
Smith, Christopher H.
New Jersey · Feb 3, 1981
BEREUTER, DOUGLAS
· Jan 5, 1981
FROST, MARTIN
· Jan 5, 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/)
Report a problem