HR 2996 · 93th Congress ·
A bill to amend the Internal Revenue Code of 1954 to increase the maximum dollar limitation on the amount deductible for pensions for the self-employed from $2,500 a year to $7,500 a year.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-01-26)
Plain Language Summary
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Provides that, under the Internal Revenue Code of 1954 the maximum dollar limitation on the amount deductible for pensions for the self-employed shall be increased from $2,500 a year to $7,500 a year. (Amends 26 U.S.C. 404(e))…
Summarized by Claude AI · Non-partisan · For informational purposes only