Revenue and Expenditure Control Act of 1968
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Long title | An Act to increase revenues, to limit expenditures and new obligational authority, and for other purposes. |
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Enacted by | the 90th United States Congress |
Effective | June 28, 1968 |
Citations | |
Public law | 90-364 |
Statutes at Large | 82 Stat. 251 |
Codification | |
Titles amended | 26 U.S.C.: Internal Revenue Code |
U.S.C. sections amended | I.R.C. ch. 1 §§ 101-110, 201-205, 301-303 |
Legislative history | |
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The United States Revenue and Expenditure Control Act of 1968 created a temporary 10 percent income tax surcharge on both individuals and corporations through June 30, 1969.
It also delayed the scheduled reduction in the telephone and automobile excise taxes.
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