HR 7046 · 96th Congress · Taxation

Social Security Payroll Credit Act of 1980

Introduced 1980-04-15· 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.(1980-04-15)

Plain Language Summary

[AI summary unavailable — showing source text] Social Security Payroll Credit Act of 1980 - Amends the Internal Revenue Code to allow employers, employees, and self-employed individuals an income tax credit equal to ten percent of the amount of social security taxes paid by such individuals in 1981 or 1982.…

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

Cosponsors (20)

20 Democrats