HR 1273 · 100th Congress · Taxation

A bill to repeal the restrictions added by the Tax Reform Act of 1986 on the deduction for retirement savings.

Introduced 1987-02-25· Sponsored by Rep. Tallon, Robert M. (Robin) [D-SC-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1987-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Tax Reform Act of 1986 to repeal provisions relating to: (1) the limitations on individual retirement account deductions for active participants in certain pension plans; and (2) nondeductible contributions made to individual retirement plans. Specifies that the Internal Revenue Code shall be applied and administered as if such provisions had not been enacted.…

Summarized by Claude AI · Non-partisan · For informational purposes only