HR 1123 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a limited additional tax credit for political contributions to candidates for Congress.

Introduced 1981-01-22· Sponsored by Rep. Lagomarsino, Robert J. [R-CA-19]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-01-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an additional income tax credit for political contributions to candidates for Congress in the district where the taxpayer lives. Limits the amount of such credit to $10 ($20 for joint returns) for each candidate to whom a contribution is made.…

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