HR 4874 · 96th Congress · Taxation

Social Security Payroll Credit Act of 1979

Introduced 1979-07-19· Sponsored by Rep. Gephardt, Richard A. [D-MO-3]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-07-19)

Plain Language Summary

[AI summary unavailable — showing source text] Social Security Payroll Credit Act of 1979 - Amends the Internal Revenue Code to allow employers, employees, and self-employed individuals an income tax credit equal to 20 percent of the amount of social security taxes paid by such individuals in 1980 and 1981.…

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

Cosponsors (10)

10 Democrats