A bill to amend the Internal Revenue Code of 1954 to provide a bicentennial celebration contribution tax credit.

1/1
Status In Committee
Sponsor John Beall
Citation 94-S-1444
Actions 2
Introduced Apr 17th, 1975
Cosponsors
1
Last Action Apr 17th, 1975
Policy Area
✓
Introduced Senate Apr 17
Senate
House
President
Enacted

Summary

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What this bill does

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Allows under the Internal Revenue Code an income tax credit equal to one-half of all contributions to official bicentennial celebration organizations. Limits such credit to a maximum of $25 for a joint tax return, or $12.50 for an individual return.

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2
Senate
INTRODUCED
INTRODUCED
Apr 17, 1975
ON FLOOR
REFERRED TO COMMITTEE
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