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United States · Bill · HR

H.R. 1109 (99th)

A bill to amend the Internal Revenue Code of 1954 to allow a credit against income tax for contributions to reduce the public debt.

referredUnited States· United States Congress· EN

Introduced

19 February 1985

Last action

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Status

Referred to House Committee on Ways and Means.

Sponsors

—

Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to allow an income tax credit for contributions made by taxpayers to reduce the public debt. Sets the amount of such credit at 25 percent of the value of the contribution.

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Documents

1 official file

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Sources

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