HR 4070
98th Congress
House
Taxation
Checkoff
Economics and Public Finance
Income tax
Personal income tax
Public debt
Tax returns
A bill to amend the Internal Revenue Code of 1954 to require that income tax returns include space designated for the taxpayer to specify the amount of any cash contribution such taxpayer wishes to make to the Federal Government for reduction of the public debt and to establish a trust fund with amounts contributed by taxpayers for reduction of the public debt.
Introduced: October 4, 1983
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 4, 1983
Referred to House Committee on Ways and Means.
Oct 4, 1983
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to require income tax returns to include space designated for the taxpayer to specify the amount of cash contributions, if any, which the taxpayer wishes to make to the Federal Government to reduce the public debt. Requires the transfer of amounts designated for this purpose to a special account to be used to reduce the public debt.
What's happening now
Referred to House Committee on Ways and Means.
Committees of jurisdiction
1
Cosponsors
1