TEFRA
E1036654
TEFRA is a major 1982 U.S. federal law that increased taxes and implemented budgetary and Medicare reforms to reduce the national deficit.
All labels observed (1)
| Label | Occurrences |
|---|---|
| TEFRA canonical | 1 |
Statements (40)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
budget reconciliation act ⓘ tax law ⓘ |
| chamberInvolved |
United States House of Representatives
ⓘ
United States Senate ⓘ |
| classification |
deficit-reduction legislation
ⓘ
revenue-raising legislation ⓘ |
| containsProvision |
changes to corporate tax rules
ⓘ
changes to depreciation rules ⓘ hospital prospective payment system under Medicare ⓘ withholding on interest and dividends ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| effect |
changed reimbursement rules for health care providers under Medicare
ⓘ
increased federal taxes ⓘ introduced Medicare cost-containment measures ⓘ modified business tax provisions ⓘ modified individual income tax provisions ⓘ reduced projected federal deficits ⓘ |
| enactedIn | 97th United States Congress NERFINISHED ⓘ |
| fullName | Tax Equity and Fiscal Responsibility Act of 1982 NERFINISHED ⓘ |
| hasAcronym | TEFRA NERFINISHED ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
federal government of the United States
|
| legislativeBody | United States Congress ⓘ |
| policyArea |
Medicare
NERFINISHED
ⓘ
federal budget ⓘ health care financing ⓘ taxation ⓘ |
| precededBy | Economic Recovery Tax Act of 1981 NERFINISHED ⓘ |
| presidentAtEnactment | Ronald Reagan NERFINISHED ⓘ |
| primaryPurpose |
implement Medicare reforms
ⓘ
implement budgetary reforms ⓘ increase federal tax revenues ⓘ reduce the federal budget deficit ⓘ |
| relatedTo |
Gramm–Rudman–Hollings Balanced Budget Act
NERFINISHED
ⓘ
Omnibus Budget Reconciliation Act of 1981 NERFINISHED ⓘ Omnibus Budget Reconciliation Act of 1983 NERFINISHED ⓘ |
| shortDescription | 1982 U.S. federal law increasing taxes and reforming budget and Medicare to reduce the deficit ⓘ |
| signedBy | Ronald Reagan ⓘ |
| timePeriod | Reagan administration NERFINISHED ⓘ |
| yearEnacted | 1982 ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.