HR 2725 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide a cost-of-living adjustment for the amount of, and the income limits relating to, the deduction for individual retirement account contributions.

Introduced 1989-06-22· Sponsored by Rep. Lewis, Jerry [R-CA-35]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-06-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide cost-of-living adjustments for the deduction allowed for retirement savings.…

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

Cosponsors (20)

20 Republicans
Rep. Michel, Robert H. [R-IL-18]IL
Rep. McMillan, J. Alex [R-NC-9]NC
Rep. Paxon, Bill [R-NY-31]NY
Rep. Solomon, Gerald B. H. [R-NY-24]NY
Rep. Lagomarsino, Robert J. [R-CA-19]CA
Rep. Hefley, Joel [R-CO-5]CO
Rep. Kolbe, Jim [R-AZ-5]AZ
Rep. Petri, Thomas E. [R-WI-6]WI
Rep. Rohrabacher, Dana [R-CA-42]CA
Rep. Goss, Porter J. [R-FL-13]FL
Rep. Schulze, Richard T. [R-PA-5]PA
Rep. Smith, Larkin [R-MS-5]MS
Rep. Ireland, Andrew P. [R-FL-10]FL
Rep. Smith, Bob [R-NH-1]NH
Rep. Ritter, Don [R-PA-15]PA
Rep. Gingrich, Newt [R-GA-6]GA
Rep. Weber, Vin [R-MN-2]MN
Rep. Kyl, Jon [R-AZ-4]AZ
Rep. Hunter, Duncan [R-CA-45]CA
Rep. Walker, Robert S. [R-PA-16]PA