HR 855 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow a deduction from gross income for certain social security taxes, railroad retirement taxes, and civil service retirement contributions.

Introduced 1975-01-14· Sponsored by Rep. Peyser, Peter A. [R-NY-23]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-01-14)

Plain Language Summary

[AI summary unavailable — showing source text] Allows a deduction from gross income under the Internal Revenue Code for social security taxes, railroad retirement taxes, and civil service retirement contributions paid by the taxpayer during the taxable year.…

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