S 1583 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a deduction for contributions made by a taxpayer to an individual retirement plan for the benefit of a nonsalaried spouse.

Introduced 1981-07-31· Sponsored by Sen. Jepsen, Roger W. [R-IA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1981-08-05)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide an income tax deduction for contributions made by a married taxpayer to an individual retirement plan for the benefit of a nonsalaried spouse. Allows for a deduction up to $3,000 in the case of a handicapped spouse.…

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