H.R. 1742 — A bill to amend the Internal Revenue Code of 1954 to provide equitable tax relief to America's small businesses.

Summary

Increases the surtax exemption for qualified corporations from the present level of $25,000 to $50,000 for taxable year 1976 and an additional $10,000 per year up to $100,000 in 1980.

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Related Legislation

H.R. 4944A bill to amend the Internal Revenue Code of 1954 to increase the corporate surtax exemption.
1975-03-14Referred to House Committee on Ways and Means.
Related
H.R. 6290A bill to amend the Internal Revenue Code of 1954 to increase the corporate surtax exemption.
1975-04-23Referred to House Committee on Ways and Means.
Related

Legislative Actions

1975-01-20
Introduced in House
1975-01-20
Introduced in House
1975-01-20
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to provide equitable tax relief to America's small businesses.

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