Data from Congress.gov API

H.R. 5271 — Tax Reduction Act of 1979 | PoliFocus

H.R. 527196th Congress

Tax Reduction Act of 1979

Sponsors

Rep. Pashayan, Charles, Jr. [R-CA-17]

1 cosponsor

Subjects

Taxation

Summary

Tax Reduction Act of 1979 - Reduces individual income tax rates for taxable years 1979, 1980, and 1981. Makes the 1981 rate reduction permanent.

Reduces the corporate income tax rates. Increases the corporate surtax exemption to $100,000.

Legislative Actions

1979-09-13
Introduced in House
1979-09-13
Introduced in House
1979-09-13
Referred to House Committee on Ways and Means.

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