HR 8213 · 96th Congress · Taxation

Self-Employed Individuals Retirement Tax Amendments of 1980

Introduced 1980-09-25· Sponsored by Rep. Holland, Kenneth L. [D-SC-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1980-09-25)

Plain Language Summary

[AI summary unavailable — showing source text] Self-Employed Individuals Retirement Tax Amendments of 1980 - Amends the Internal Revenue Code to increase the maximum amount of the income tax deduction for contributions to simplified employee pension plans and to retirement plans for self-employed individuals from $7,500 to $12,500 or $12,500 plus an inflation adjustment factor.…

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