HR 5963 · 102th Congress · Taxation

To amend the Internal Revenue Code of 1986 to allow individuals to designate all or any portion of their income tax refund to reduce the public debt.

Introduced 1992-09-17· Sponsored by Rep. Bereuter, Doug [R-NE-1]· 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.(1992-09-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow individual taxpayers to designate a portion of any tax overpayment (not less than one dollar) to reduce the public debt. Reduces such designation by the amount designated to the Presidential Election Campaign Fund.…

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