S 44 · 97th Congress · Taxation

Social Security Payroll Credit Act of 1980

Introduced 1981-01-05· Sponsored by Sen. Bradley, Bill [D-NJ]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read second time and referred to Senate Committee on Finance.(1981-01-05)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (2)

2 Democrats