S 1214 · 97th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to eliminate the limitation on the interest deduction for interest paid or accrued on investment indebtedness.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Subcommittee on Taxation and Debt Management. Hearings held.(1981-07-24)
Plain Language Summary
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Amends the Internal Revenue Code to eliminate the limitation on the income tax deduction for interest paid or accrued on investment indebtedness.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (4)
4 Republicans