HR 719 · 99th Congress · Taxation

A bill to increase the maximum amount which may be deducted from gross income for retirement savings to $2,500 for a single individual and $5,000 for a married couple.

Introduced 1985-01-24· Sponsored by Rep. Solomon, Gerald B. H. [R-NY-24]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1985-01-24)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase the maximum amount which may be deducted from gross income for retirement savings to $2,500 for a single individual and $5,000 for a married couple.…

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

Cosponsors (1)

1 Republican