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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

29 May 1980 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Frost, Martin [D-TX-24], Rep. Aspin, Les [D-WI-1], Rep. Mazzoli, Romano L. [D-KY-3], Rep. Ireland, Andrew P. [R-FL-10], Rep. Pickle, J. J. [D-TX-10], Rep. Mattox, James A. [D-TX-5], Rep. Pashayan, Charles, Jr. [R-CA-17], Rep. Davis, Robert W. [R-MI-11], Rep. Winn, Larry, Jr. [R-KS-3], Rep. Collins, James M. [R-TX-3], Rep. Walgren, Doug [D-PA-18], Rep. Roe, Robert A. [D-NJ-8], Rep. Brodhead, William [D-MI-17], Rep. Hance, Kent R. [D-TX-19], Rep. Petri, Thomas E. [R-WI-6], Rep. Luken, Thomas A. [D-OH-1], Rep. Murphy, Austin J. [D-PA-20]

Subjects

Taxation

Source updated

7 February 2024

Taxation

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.

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

Timeline

  1. 29 May 1980

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 29 May 1980

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 29 May 1980

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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