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United States · Bill · HR

H.R. 7461 (96th)

A bill to allow an income tax deduction to individuals who lost certain travel deposits by reasons of the American boycott of the 1980 Summer Olympics.

referredUnited States· United States Congress· EN

Introduced

29 May 1980

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Allows an individual under the Internal Revenue Code an income tax deduction equal to 50 percent of the travel deposit loss sustained by such taxpayer as a result of the boycott of the 1980 Summer Olympics. Limits the amount of such deduction to $2,500.

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Documents

1 official file

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