HR 14414 · 94th Congress · Economics and Public Finance

A bill to amend the Internal Revenue Code of 1954 to allow individuals to designate $1 of their income tax liability to be used for purposes of reducing the public debt of the United States.

Introduced 1976-06-16· Sponsored by Rep. McClory, Robert [R-IL-13]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-06-16)

Plain Language Summary

[AI summary unavailable — showing source text] Authorizes every individual whose income tax liability, under the Internal Revenue Code, is $1 or more to designate that $1 shall be used to reduce the public debt of the United States.…

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