United States · Bill · HR
H.R. 1911 (99th)
Fair Retirement Act of 1985
Introduced
2 April 1985
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Fair Retirement Act of 1985 - Amends the Internal Revenue Code to allow the income tax deduction for a spousal individual retirement account to be computed on the basis of the compensation of both spouses. Allows such a deduction in an amount equal to the lesser of: (1) $2,000 or; (2) the sum of such individual's compensation and so much of the compensation of the spouse of such individual as exceeds the individual retirement account deduction of such spouse. Provides for annual cost-of-living adjustments to maximum annual individual retirement account contribution limits.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 2 April 1985
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/99th-congress/house-bill/1911
- Open data entity: https://api.congress.gov/v3/bill/99/hr/1911