H.R. 1317 — A bill to amend the Internal Revenue Code of 1954 to exclude the first $75,000 a year of earned income for an American working abroad, and for other purposes.

Summary

Amends the Internal Revenue Code to increase from $20,000 to $75,000 the amount of the earned income tax exclusion for Americans working abroad. Repeals the income tax deduction for expenses of Americans living abroad.

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Related Legislation

H.R. 4242Economic Recovery Tax Act of 1981
1981-08-13Became Public Law No: 97-34.
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Legislative Actions

1981-01-27
Introduced in House
1981-01-27
Introduced in House
1981-01-27
Referred to House Committee on Ways and Means.
1981-08-04
See H.R.4242.

A bill to amend the Internal Revenue Code of 1954 to exclude the first $75,000 a year of earned income for an American working abroad, and for other purposes.

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