HR 2214 · 112th Congress · Taxation
Debt Elimination By Tax-Deductible Contribution Act of 2011
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-06-16)
Plain Language Summary
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Debt Elimination By Tax-Deductible Contribution Act of 2011 - Amends the Internal Revenue Code to allow taxpayers to designate a specified portion (not less than $1) of their income tax liability for deposit in the general fund of the Treasury to reduce the public debt. Allows any such gift to the United States for reduction of the public debt to be treated as a tax deductible charitable contribution.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
20 Republicans