S 541 · 99th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to repeal the earned income limitation on the deduction for retirement savings.

Introduced 1985-02-28· Sponsored by Sen. Hawkins, Paula [R-FL]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB, Treasury Department.(1985-03-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to repeal the earned income limitation placed upon individual tax deductions for individual retirement accounts.…

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