HR 3266 · 98th Congress · Taxation
Economic Growth and Retirement Act of 1983
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1983-06-09)
Plain Language Summary
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Economic Growth and Retirement Act of 1983 - Amends the Internal Revenue Code to allow certain married individuals to be eligible for the income tax deduction for retirement savings on the basis of the earned income of their spouses. Increases the maximum amount of the deduction for retirement savings to $5,000. Phases in this increased deduction over a three-year period.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (18)
4 Democrats14 Republicans