HR 3661 · 98th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide cost of living adjustments in the maximum deduction for retirement savings using the cost of living adjustment applicable to the maximum annual limits with respect to employer retirement plans.

Introduced 1983-07-26· Sponsored by Rep. Hance, Kent R. [D-TX-19]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1983-07-26)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide for a cost of living adjustment, after 1985, in the maximum deduction for retirement savings, using the cost of living adjustment applicable to the maximum annual limits for employer retirement plans.…

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