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.

Introduced 1983-06-08· Sponsored by Sen. D'Amato, Alfonse [R-NY]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB, Treasury Department.(1983-06-13)

Plain Language Summary

[AI summary unavailable — showing source text] 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