To amend the Internal Revenue Code of 1986 to increase the amount of the personal exemption.

Summary

Official

Taxpayer Choice Act of 1998 - Amends the Internal Revenue Code to provide for an increase in: (1) the personal exemption amount; and (2) the exemption reduction (adjusted gross income) threshold amounts.

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Bill Progress

Bill has been introduced and assigned a number

Introduced(2/3/98)

Committee

Passed House

Passed Senate

President

Law

Sponsor

Mr. Thune

Senate (R) South Dakota

Cosponsors (1)

Sessions

House (R) Texas

Topics

Business & Finance

Latest Action

Sponsor introductory remarks on measure. (CR H614-615)

Feb 25, 1998