S 1719 · 96th Congress · Taxation

Social Security Payroll Credit Act of 1979

Introduced 1979-09-06· Sponsored by Sen. Eagleton, Thomas F. [D-MO]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1979-09-06)

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