View source for Tax Reduction and Simplification Act of 1977

{{Use American English|date=June 2025}}
{{Infobox U.S. legislation
| shorttitle = Tax Reduction and Simplification Act of 1977
| othershorttitles = 
| longtitle = An Act to reduce individual and business income taxes and to provide tax simplification and reform.
| colloquialacronym = TRSA
| nickname = Intergovernmental Anti-recession Assistance Act
| enacted by = 95th
| effective date = May 23, 1977
| public law url = https://www.govinfo.gov/content/pkg/STATUTE-91/pdf/STATUTE-91-Pg126.pdf
| cite public law = 95-30
| cite statutes at large = {{usstat|91|126}}
| acts amended = 
| acts repealed = 
| title amended = [[Internal Revenue Code|26 U.S.C.: Internal Revenue Code]]
| sections created = <!--{{USC}} can be used-->
| sections amended = 
| leghisturl = 
| introducedin = House
| introducedbill = {{USBill|95|H.R.|3477}}
| introducedby = [[Al Ullman]] ([[Democratic Party (United States)|D]]–[[Oregon|OR]])
| introduceddate = February 16, 1977
| committees = [[United States House Committee on Ways and Means|House Ways and Means]], [[United States House Committee on Appropriations|House Appropriations]], [[United States Senate Committee on Finance|Senate Finance]]
| passedbody1 = House
| passeddate1 = March 8, 1977
| passedvote1 = [https://www.govtrack.us/congress/votes/95-1977/h46 282-131], in lieu of {{USBill|95|HRes|360}}
| passedbody2 = Senate
| passedas2 = <!-- used if the second body changes the name of the legislation -->
| passeddate2 = April 29, 1977
| passedvote2 = [https://www.govtrack.us/congress/votes/95-1977/s128 73-7]
| conferencedate = May 6, 1977
| passedbody3 = House
| passeddate3 = May 16, 1977
| passedvote3 = [https://www.govtrack.us/congress/votes/95-1977/h218 252-134]
| agreedbody3 = <!-- used when the other body agrees without going into committee -->
| agreeddate3 = <!-- used when the other body agrees without going into committee -->
| agreedvote3 = <!-- used when the other body agrees without going into committee -->
| agreedbody4 = <!-- used if agreedbody3 further amends legislation -->
| agreeddate4 = <!-- used if agreedbody3 further amends legislation -->
| agreedvote4 = <!-- used if agreedbody3 further amends legislation -->
| passedbody4 = Senate
| passeddate4 = May 16, 1977
| passedvote4 = Agreed
| signedpresident = [[Jimmy Carter]]
| signeddate = May 23, 1977
| unsignedpresident = <!-- used when passed without presidential signing -->
| unsigneddate = <!-- used when passed without presidential signing -->
| vetoedpresident = <!-- used when passed by overriding presidential veto -->
| vetoeddate = <!-- used when passed by overriding presidential veto -->
| overriddenbody1 = <!-- used when passed by overriding presidential veto -->
| overriddendate1 = <!-- used when passed by overriding presidential veto -->
| overriddenvote1 = <!-- used when passed by overriding presidential veto -->
| overriddenbody2 = <!-- used when passed by overriding presidential veto -->
| overriddendate2 = <!-- used when passed by overriding presidential veto -->
| overriddenvote2 = <!-- used when passed by overriding presidential veto -->
| amendments = 
| SCOTUS cases = 
}}
The '''Tax Reduction and Simplification Act''' of 1977 was passed by the [[95th United States Congress]] and signed into law by [[President of the United States|President]] [[Jimmy Carter]] on May 23, 1977.<ref>{{cite web |url=https://archive.org/details/4732130.1977.001.umich.edu/page/962 |title=Tax and Drought Relief Bills: Remarks on Signing H.R. 3477 and S. 1279 Into Law - May 23, 1977 |last=Carter |first=Jimmy E. |date=May 23, 1977 |website=Internet Archive |location=Washington, D.C. |publisher=National Archives and Records Service |pages=962–964}}</ref>

It replaced the percentage [[standard deduction]] and minimum standard deduction with a single standard deduction of $3,200 (joint returns) and temporarily extended the general tax credit (maximum of $35/capita or 2% of $9,000 income) through 1978.

==See also==

* [[Congressional Budget and Impoundment Control Act of 1974]]

==References==
{{reflist}}

==External links==
* {{cite web |url=https://archive.org/details/4732130.1977.001.umich.edu/page/739 |title=Budget Deferrals: Message to the Congress - April 28, 1977 |last=Carter |first=Jimmy E. |date=April 28, 1977 |website=Internet Archive |location=Washington, D.C. |publisher=National Archives and Records Service |page=739}}

{{Presidency of Jimmy Carter}}
{{US tax acts}}

[[Category:United States federal taxation legislation]]
[[Category:1977 in American law]]


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