Summary: H.R.765 — 98th Congress (1983-1984)All Information (Except Text)

There is one summary for H.R.765. Bill summaries are authored by CRS.

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Introduced in House (01/25/1983)

Amends the Internal Revenue Code to increase to $2,500 the maximum deduction for contributions to retirement savings plans.

Allows certain individuals to compute the amount of the income tax deduction for retirement savings on the basis of the earned income of their spouses, without regard to any community property laws.