HR 4104 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to increase the limitations on the deduction for retirement savings, and for other purposes.

Introduced 1990-02-26· Sponsored by Rep. Schuette, Bill [R-MI-10]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1990-02-26)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the allowable deductions for retirement savings. Allows tax-free withdrawals from individual retirement plans for: (1) educational expenses; (2) first-time home purchases; (3) medical care; and (4) day care expenses.…

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

Cosponsors (9)

9 Republicans
Rep. Packard, Ron [R-CA-43]CA
Rep. Hyde, Henry J. [R-IL-6]IL
Rep. Robinson, Tommy F. [R-AR-2]AR
Rep. Emerson, Bill [R-MO-8]MO
Rep. James, Craig T. [R-FL-4]FL
Rep. Pursell, Carl D. [R-MI-2]MI
Rep. Craig, Larry E. [R-ID-1]ID
Rep. Ritter, Don [R-PA-15]PA
Rep. Miller, John R. [R-WA-1]WA