SRES 173
99th Congress
Senate
Taxation
Congress and Members of Congress
Economics and Public Finance
Income tax
Indexing (Economic policy)
Inflation
Legislation
Tax exemption
A resolution expressing the sense of the Senate that any tax reform measure enacted by Congress should restore the value of the personal exemption by increasing it to a minimum of $2,000 and indexing it to prevent further erosion of its value.
Introduced: May 22, 1985
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 1985
Referred to the Committee on Finance.
May 22, 1985
Introduced in Senate
Plain-English summary
Expresses the sense of the Senate that any tax reform measure enacted by the Congress should restore the value of the personal exemption by increasing it to a minimum of $2,000, and the indexing of the personal exemption should be retained in order to prevent further erosion of its value to the American taxpayer.
What's happening now
Referred to the Committee on Finance.
Committees of jurisdiction
1
Cosponsors
1