HR 4285 · 93th Congress · Taxation
Civil Service Annuity Incentive Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-02-08)
Plain Language Summary
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Civil Service Annuity Incentive Act - Allows an income tax deduction under the Internal Revenue Code of 1954 for contributions on the part of civil service employees toward personal retirement annuities. States that the amount allowable as a deduction to an individual for any taxable year shall not exceed either $2,500, or 10 percent of his earned income for such taxable year, whichever is less.…
Summarized by Claude AI · Non-partisan · For informational purposes only