Interest Deduction Equity Act of 1981

Summary

Interest Deduction Equity Act of 1981 - Amends the Internal Revenue Code to increase to $25,000 the limitation on the income tax deduction for interest paid or accrued on investment indebtedness for individuals with earned income.

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

Timeline

1. 24 June 1981

   Introduced

   Read second time and referred to Senate Committee on Finance.

   Source: IntroReferral

2. 24 June 1981

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 26 June 1981

   Committee

   Committee on Finance requested executive comment from OMB; Treasury Department.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in Senate

  summary · EN · 24 June 1981

  Open at official source

Sponsors

• Sen. D'Amato, Alfonse [R-NY] · R · Sponsor
• · ssfi00 · Standing

Related records

• related to → Interest Deduction Equity Act of 1981