HR 13072 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to increase by $500 the dollar limitation on the amount allowable as a deduction for contributions to certain retirement savings.

Introduced 1978-06-09· Sponsored by Rep. Mikva, Abner J. [D-IL-10]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1978-06-09)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase to $2,000 the maximum income tax deduction for amounts paid by or on behalf of an individual to an individual retirement account, for an individual retirement annuity, or for an individual retirement bond.…

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