HR 6657 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow persons covered by certain other retirement plans to establish personal savings for retirement.

Introduced 1977-04-26· Sponsored by Rep. Steiger, William A. [R-WI-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-04-26)

Plain Language Summary

[AI summary unavailable — showing source text] Repeals the provision of the Internal Revenue Code dealing with deductions for individual retirement accounts and replaces it with a provision allowing a deduction for amounts paid in cash.…

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

Cosponsors (2)

1 Democrat1 Republican
Rep. Erlenborn, John N. [R-IL-14]
Rep. Krueger, Robert C. [D-TX-21]