HR 1290 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to restore the deduction for contributions to individual retirement accounts.

Introduced 1991-03-06· Sponsored by Rep. Wylie, Chalmers P. [R-OH-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1991-03-06)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to remove limitations on the deductibility of contributions to individual retirement plans by active participants in employer-maintained plans. Restores the former deduction for qualified voluntary employee contributions to an individual retirement account.…

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