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United States · Resolution · HRES

H.Res. 488 (99th)

A resolution expressing the sense of the House of Representatives that the Tax Reform Act of 1985 should be amended to reinstate the deduction for contributions to individual retirement accounts and to increase from $250 to $2,000 the amount which may be deducted for any taxable year by or on behalf of spouses who have no compensation for such taxable year.

referredUnited States· United States Congress· EN

Introduced

26 June 1986

Last action

26 June 1986 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Badham, Robert E. [R-CA-40], Rep. Bevill, Tom [D-AL-4], Rep. Chappell, Bill, Jr. [D-FL-4], Rep. Anderson, Glenn M. [D-CA-32], Rep. Weber, Vin [R-MN-2], Rep. Armey, Richard K. [R-TX-26], Rep. Horton, Frank J. [R-NY-34], Rep. Wortley, George C. [R-NY-27], Rep. Spence, Floyd [R-SC-2], Rep. Dowdy, Wayne [D-MS-4], Rep. Brown, Hank [R-CO-4], Rep. Monson, David S. [R-UT-2], Rep. Feighan, Edward F. [D-OH-19], Rep. Applegate, Douglas [D-OH-18], Rep. Saxton, Jim [R-NJ-13], Rep. Schuette, Bill [R-MI-10], Rep. Stenholm, Charles W. [D-TX-17], Rep. Whitehurst, G. William [R-VA-2], Rep. Shumway, Norman D. [R-CA-14], JOE BARTON, Rep. Parris, Stanford E. (Stan) [R-VA-8], Rep. Hughes, William J. [D-NJ-2]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Official sourceView documentsShare

Summary

Expresses the sense of the House of Representatives that the Tax Reform Act of 1985 should be amended to: (1) preserve the deduction for contributions to individual retirement accounts; and (2) increase the amount which may be contributed to such accounts for any taxable year and deducted by or on behalf of spouses who have no compensation for such taxable year.

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

Timeline

  1. 26 June 1986

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 26 June 1986

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 26 June 1986

    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

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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