Summary: S.1581 — 97th Congress (1981-1982)All Information (Except Text)

There is one summary for S.1581. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (07/31/1981)

Amends the Internal Revenue Code to allow a taxpayer to elect either an income tax credit of $250 or an income tax deduction of $1,000 for maintaining a household which includes as a member a dependent age 65 or over.