A bill to amend the Internal Revenue Code of 1954 to increase to $4,000 the maximum deduction for contributions to retirement savings and to allow the deduction for such savings to be computed for married individuals on the basis of their combined compensation.

referredUnited States· United States Congress· EN

Introduced

26 February 1985

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to increase to $4,000 the maximum deduction for contributions to retirement savings plans and to allow married individuals to compute the amount of their income tax deduction for contributions to retirement savings plans on the basis of the earnings of their spouse.

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

Timeline

No timeline events have been ingested for this record yet.

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 · 26 February 1985
Open at official source

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/bill/99th-congress/house-bill/1263
Open data entity: https://api.congress.gov/v3/bill/99/hr/1263