HR 4516
97th Congress
House
Taxation
Income tax
Individual retirement accounts
Labor and Employment
Tax deductions
Unemployment insurance
Wages
A bill to amend the Internal Revenue Code of 1954 to provide that taxable unemployment compensation will be treated as wages for purposes of the limitation on the deduction for individual retirement savings.
Introduced: September 17, 1981
Introduced by:
Schumer, Charles E.
Democratic
· New York
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 17, 1981
Referred to House Committee on Ways and Means.
Sep 17, 1981
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to treat taxable unemployment compensation as wages for purposes of the limitation imposed on the income tax deduction for individual retirement account contributions.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1