United States · Bill · S
S. 1051 (98th)
Mortgage Retirement Account Act of 1983
Introduced
14 April 1983
Last action
—
Status
Committee on Finance requested executive comment from OMB, Treasury Department.
Sponsors
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Subjects
Discovery layer
Source updated
29 August 2025
Summary
Mortgage Retirement Account Act of 1983 - Amends the Internal Revenue Code to allow taxpayers an election to treat home mortgage prepayments as a tax deductible contribution to an individual retirement account. Allows amounts to be withdrawn from an individual retirement account for the purchase of a principal residence.
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 14 April 1983
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/senate-bill/1051
- Open data entity: https://api.congress.gov/v3/bill/98/s/1051