S 1434 · 98th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to provide that a spouse having compensation shall not be disqualified from having a spousal individual retirement account.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB, Treasury Department.(1983-06-13)
Plain Language Summary
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Amends the Internal Revenue Code to permit a married taxpayer filing a joint return to deduct from gross income certain amounts paid to an individual retirement plan established for the benefit of a spouse without regard to any compensation received by the spouse.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (7)
1 Democrat6 Republicans