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HR 1499 101th Congress House Taxation Income tax Individual retirement accounts Tax deductions

To amend the Internal Revenue Code of 1986 to restore the deduction for retirement savings for individuals who are active participants in other retirement plans.

Introduced: March 20, 1989 See on congress.gov
This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 20, 1989
Referred to the House Committee on Ways and Means.
Mar 20, 1989
Introduced in House
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 Plain-English summary Congressional Research Service

Repeals provisions of the Internal Revenue Code that limit the deductibility of contributions to individual retirement plans by active participants in employer-maintained retirement plans.

What's happening now March 20, 1989

Referred to the House Committee on Ways and Means.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H.R. 1499: To amend the Internal Revenue Code of 1986 to restore the deduction for retirement savings for individuals who are active participants in other retirement plans.. 101st Congress. Open America. https://openamerica.io/bill/101-HR-1499/
MLA
"H.R. 1499: To amend the Internal Revenue Code of 1986 to restore the deduction for retirement savings for individuals who are active participants in other retirement plans.." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-1499/.
Bluebook (legal)
H.R. 1499, 101st Cong. (2026), https://openamerica.io/bill/101-HR-1499/.
Markdown link
[H.R. 1499: To amend the Internal Revenue Code of 1986 to restore the deduction for retirement savings for individuals who are active participants in other retirement plans.](https://openamerica.io/bill/101-HR-1499/)
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