A bill to amend the Internal revenue code of 1954 to provide tax savings incentives for savings accounts established for the purpose of purchasing a home.

Summary

Amends the Internal Revenue Code to provide that an individual's allowable charitable contributions shall be deducted when determining the individual's adjusted gross income, thereby allowing the deduction to individuals who do not itemize.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 11 April 1978

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 11 April 1978

   Introduced

   Introduced in House

   Source: IntroReferral

3. 11 April 1978

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 11 April 1978

  Open at official source

Sponsors

• Rep. Duncan, John J. [R-TN-2] · R · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to allow the charitable deduction to taxpayers whether or not they itemize their personal deductions.