- Not enactedThe President has not signed this bill
- The senate has not voted
- The house has not voted
Committee on Ways and MeansIntroducedSeptember 29th, 2010
- house Committees
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Personal Exemption Fairness Act of 2010
To amend the Internal Revenue Code of 1986 to adjust personal exemptions for high cost-of-living areas.
Personal Exemption Fairness Act of 2010 - Amends the Internal Revenue Code to require annual metropolitan statistical area cost-of-living adjustments, beginning after 2010, to the personal tax exemption amount. Directs the Secretary of Labor to determine and publish a cost-of-living index for each metropolitan statistical area.