Summary: H.R.3780 — 99th Congress (1985-1986)All Information (Except Text)

There is one summary for H.R.3780. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (11/19/1985)

Small Contribution Tax Credit Reform Act of 1985 - Amends the the Internal Revenue Code to repeal the income tax credit for contributions to presidential, state, and local candidates, political action committees, and newsletter fund contributions.

Allows an income tax credit for congressional candidate contributions. Limits the amount of such credit to $100 for a taxable year ($200 in the case of a joint return).