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United States · Bill · HR

H.R. 4070 (98th)

A bill to amend the Internal Revenue Code of 1954 to require that income tax returns include space designated for the taxpayer to specify the amount of any cash contribution such taxpayer wishes to make to the Federal Government for reduction of the public debt and to establish a trust fund with amounts contributed by taxpayers for reduction of the public debt.

referredUnited States· United States Congress· EN

Introduced

4 October 1983

Last action

4 October 1983 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Coelho, Anthony Lee [D-CA-15], Rep. Smith, Lawrence [D-FL-16], Rep. Horton, Frank J. [R-NY-29], Rep. Barnes, Michael D. [D-MD-8], Rep. Brooks, Jack B. [D-TX-9], Rep. Kogovsek, Ray [D-CO-3], Rep. Bevill, Tom [D-AL-4], Rep. Roe, Robert A. [D-NJ-8], Rep. Bonior, David E. [D-MI-10], Rep. Bryant, John W. [D-TX-5], Rep. Hughes, William J. [D-NJ-2], Rep. Barnard, Doug, Jr. [D-GA-10], Rep. Studds, Gerry E. [D-MA-10], Rep. Mollohan, Alan B. [D-WV-1], Sen. Wyden, Ron [D-OR], Sen. Jeffords, James M. [I-VT], Rep. Collins, Cardiss [D-IL-7], Rep. Hall, Sam B., Jr. [D-TX-1], Rep. Dicks, Norman D. [D-WA-6], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Morrison, Sid [R-WA-4], Rep. Patman, William N. [D-TX-14], Sen. Simon, Paul [D-IL], Rep. McGrath, Raymond J. [R-NY-5], Rep. Corcoran, Tom [R-IL-14]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Official sourceView documentsShare

Summary

Amends the Internal Revenue Code to require income tax returns to include space designated for the taxpayer to specify the amount of cash contributions, if any, which the taxpayer wishes to make to the Federal Government to reduce the public debt. Requires the transfer of amounts designated for this purpose to a special account to be used to reduce the public debt.

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

Timeline

  1. 4 October 1983

    Introduced

    Introduced in House

    Source: IntroReferral

  2. 4 October 1983

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  3. 4 October 1983

    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

Leesvertaling

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Sponsors

Related records

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Sources

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