S 1
97th Congress
Senate
Taxation
Cost of living adjustments
Economics and Public Finance
Income tax
Indexing (Economic policy)
Inflation
Personal income tax
Tax exemption
Tax rates
Tax Equalization Act
Introduced: January 5, 1981
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 5, 1981
Read second time and referred to Senate Committee on Finance.
Jan 5, 1981
Introduced in Senate
Plain-English summary
Tax Equalization Act - Amends the Internal Revenue Code to require annual cost of living adjustments to personal income tax brackets and the personal exemption.
What's happening now
Read second time and referred to Senate Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1