S 44 · 97th Congress · Taxation
Social Security Payroll Credit Act of 1980
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read second time and referred to Senate Committee on Finance.(1981-01-05)
Plain Language Summary
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Social Security Payroll Credit Act of 1980 - Amends the Internal Revenue Code to allow employers, employees, and self-employed individuals an income tax credit equal to ten percent of the amount of social security taxes paid by such individuals in 1981 or 1982.…
Summarized by Claude AI · Non-partisan · For informational purposes only