H.R. 17394 (93rd): A bill to amend the Internal Revenue Code of 1954 to remove the penalty for the underpayment of estimated tax in the case where the underpayment is due to income attributable to a new business started by the taxpayer during the taxable year.

Introduced:
Oct 16, 1974 (93rd Congress, 1973–1974)
Status:
Died (Referred to Committee)
Sponsor
Harold Froehlich
Representative for Wisconsin's 8th congressional district
Party
Republican
 
Status

This bill was introduced on October 16, 1974, in a previous session of Congress, but was not enacted.

Progress
Introduced Oct 16, 1974
Referred to Committee Oct 16, 1974
 
Summary

No summaries available.

Cosponsors
none
Committees

House Ways and Means

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

A bill must be passed by both the House and Senate in identical form and then be signed by the president to become law.

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


10/16/1974--Introduced.
Removes the penalty under the Internal Revenue Code for the underpayment of estimated tax in the case where the underpayment is due to income attributable to a new business started by the taxpayer during the taxable year.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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