legislation
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315 rows where bill_type = "s", congress = 98 and policy_area = "Taxation" sorted by introduced_date descending
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| bill_id | congress | bill_type | bill_number | title | policy_area | introduced_date ▲ | latest_action_date | latest_action_text | origin_chamber | sponsor_name | sponsor_state | sponsor_party | sponsor_bioguide_id | cosponsor_count | summary_text | update_date | url |
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| 98-s-3089 | 98 | s | 3089 | A bill to amend the Internal Revenue Code of 1954 with respect to the treatment of incentive stock options. | Taxation | 1984-10-11 | 1984-10-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Packwood, Bob [R-OR] | OR | R | P000009 | 1 | Amends the Internal Revenue Code to repeal the inclusion of incentive stock options as an item of tax preference for purposes of the minimum tax. Repeals requirements that incentive stock options must be exercised in chronological order. Modifies the present $100,000 limit on the aggregate amount of incentive stock options which an employer may grant per year. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/3089 |
| 98-s-3090 | 98 | s | 3090 | Small Business Consumed Income Tax Act of 1985 | Taxation | 1984-10-11 | 1984-10-12 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Symms, Steven D. [R-ID] | ID | R | S001138 | 0 | Small Business Consumed Income Tax Act of 1985 - Amends the Internal Revenue Code to allow a qualified small business corporation to elect tax treatment as a "subchapter W corporation." Defines a "subchapter W corporation" as any small business corporation which: (1) has 95 percent or more of its gross receipts for the taxable year in receipts which are not passive investment income; (2) has 95 percent or more of the aggregate adjusted bases of its assets in assets used or held for use in its trade or business; and (3) has not made an election for tax treatment as a subchapter S corporation. Allows such a corporation to make an election for treatment as a subchapter W corporation if: (1) all shareholders consent to such an election; (2) neither the corporation nor any predecessor corporation has made a previous election; (3) the gross receipts for the taxable year in which the election is made do not exceed $20,000,000; and (4) the aggregate adjusted bases of such corporation's assets do not exceed $5,000,000. Provides that such an election shall be effective for the taxable year in which made and the nine succeeding taxable years. Provides that the income of a qualified subchapter W corporation shall not be taxable to the corporation during such ten year election period. Permits the termination of such an election by revocation. Provides that actual or deemed distributions of cash or other property to a shareholder of a subchapter W corporation shall be treated as ordinary income of the shareholder to the extent of his or her pro rata share of the earnings and profits of the corporation. Provides that deemed distributions shall include: (1) taxable income of the subchapter W corporation to the extent its taxable income exceeds $1,000,000; (2) loans made by such a corporation to a shareholder or a person related to the shareholder; and (3) guarantees by such a corporation of loans made to a shareholder or a related person. Allows each shareholder of a subchapter W corporation: (1) an income tax deduction … | 2025-08-29T17:38:49Z | https://www.congress.gov/bill/98th-congress/senate-bill/3090 |
| 98-s-3095 | 98 | s | 3095 | A bill relating to alternative minimum tax relief for certain insolvent tax payers. | Taxation | 1984-10-11 | 1984-10-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Grassley, Chuck [R-IA] | IA | R | G000386 | 3 | Amends the Internal Revenue Code to provide that for purposes of the alternative minimum tax, any gain or loss from the transfer of property to a creditor in cancellation of a debt or from the sale or exchange of property under threat of foreclosure shall not be taken into account in computing net capital gain if prior to such sale or exchange the taxpayer is insolvent. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/3095 |
| 98-s-3057 | 98 | s | 3057 | A bill to amend the Internal Revenue Code of 1954 to extend the energy conservation investment tax credit to new diesel-electric locomotives. | Taxation | 1984-10-04 | 1984-10-16 | Committee on Finance requested executive comment from OMB, Treasury Department, Energy Department, Transportation Department. | Senate | Sen. Specter, Arlen [R-PA] | PA | R | S000709 | 3 | Amends the Internal Revenue Code to allow a ten percent energy investment tax credit for diesel-electric locomotives of at least 2,200 horsepower purchased by a common carrier engaged in the trade or business of using rail transportation. Requires that such locomotives be at least 15 percent more fuel efficient than any locomotive replaced by the taxpayer. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/3057 |
| 98-s-3061 | 98 | s | 3061 | A bill to amend the Internal Revenue Code of 1954 to clarify the extent to which a state or political subdivision thereof may tax certain income from sources outside the United States. | Taxation | 1984-10-04 | 1984-10-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Hawkins, Paula [R-FL] | FL | R | H000374 | 1 | Amends the Internal Revenue Code to prohibit State taxation of: (1) corporate income derived from sources outside of the United States; or (2) income of corporate affiliates that derive 80 percent or more of their income from foreign sources. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/3061 |
| 98-s-3062 | 98 | s | 3062 | A bill to deal with imputed interest rates. | Taxation | 1984-10-04 | 1984-10-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Heinz, John [R-PA] | PA | R | H000456 | 0 | Amends the Internal Revenue Code to revise the method of calculating imputed interest rates for certain deferred payments. Sets such rate at 12 percent, compounded semiannually, for total unstated interest. Sets the test rate for stated interest at ten percent, compounded semiannually. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/3062 |
| 98-s-3066 | 98 | s | 3066 | Base-Broadening Tax Act of 1984 | Taxation | 1984-10-04 | 1984-10-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Chafee, John H. [R-RI] | RI | R | C000269 | 0 | Base-Broadening Tax Act of 1984 - Amends the Internal Revenue Code to provide for temporary reductions in certain income tax credits and deductions for taxable years beginning on January 1, 1985, and ending on December 31, 1989. Provides for a ten percent reduction during such period of itemized deductions of an individual taxpayer. Provides for a ten percent reduction during such period of: (1) the foreign tax credit; (2) the credit for tax withheld on wages; (3) the earned income tax credit; (4) the credit for tax withheld at the source on nonresident aliens and foreign corporations; (5) the credit for certain uses of gasoline and special fuels; and (6) the Puerto Rico and possession tax credit. Provides for a ten percent reduction during such period of the income tax deductions for: (1) accelerated cost recovery; (2) the amortization of pollution control facilities; (3) circulation and research and experimental expenditures; (4) percentage depletion in excess of basis; (5) intangible drilling costs and mineral exploration and development costs; (6) certain financial institution preference items; (7) life insurance companies; (8) expenses for business entertainment or attendance at conventions; and (9) capital gains. Provides for a ten percent reduction during such period of the dollar limitation on: (1) used property eligible for the investment tax credit; (2) the partial exclusion of dividends received by individuals; (3) the one-time exclusion of the gain on the sale of a residence; (4) the dividend reinvestment in stock of public utilities; (5) the exclusion of earned income of citizens or residents of the U.S. living abroad; (6) the deduction for certain depreciable assets; (7) the deduction for expenditures to remove architectural barriers to the handicapped and the elderly; (8) the deduction for amortization of reforestation expenditures; (9) the deduction for retirement savings; (10) the deduction for luxury cars; (11) benefits and contributions under employee benefit plans; (12) the amount of private… | 2025-08-29T17:37:49Z | https://www.congress.gov/bill/98th-congress/senate-bill/3066 |
| 98-s-3050 | 98 | s | 3050 | SELF-Tax Plan Act of 1984 | Taxation | 1984-10-03 | 1984-10-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Quayle, Dan [R-IN] | IN | R | Q000007 | 0 | SELF-Tax Plan Act of 1984 - Amends the Internal Revenue Code to provide lower income tax rates for individuals, estates, and trusts and to reduce the number of tax brackets to four (three for estates and trusts). Repeals all the nonrefundable personal tax credits available to individuals. Repeals the earned income credit. Limits to corporations the availability of the tax credit for clinical testing expenses for drugs, the tax credit for producing fuel from nonconventional sources, the tax credit for increasing research activities, and the general business tax credit. Repeals all exclusions from gross income except certain listed exclusions. Repeals provisions relating to dividend reinvestment in public utilities. Limits the amount of scholarship and fellowship awards which may be excluded from gross income to the amount of tuition and related expenses. Provides that payments for teaching, research, or other services may not be excluded as scholarship or fellowship amounts where the teaching, research, or other services are not required of all candidates for a particular degree as a condition for receiving such degree. Repeals the qualified tuition reduction exclusion. Makes certain exclusions available only to corporations. Repeals all itemized deductions for individuals and corporations except certain listed deductions. Repeals the additional personal exemption for age and blindness. Repeals the deduction for all consumer interest other than residential property interest. Includes in the gross income of an individual any unemployment compensation or any government or welfare assistance benefits. Provides that certain employee benefits shall be taken into account in computing FICA taxes, railroad retirement taxes, unemployment taxes, and withholding taxes. Repeals the tax exemption for deposits into, and withdrawals from, the capital construction fund under the Merchant Marine Act, 1936. Repeals the capital gains deduction for individuals. Limits the individual deduction of capital losses to a maximum of $3,… | 2025-08-29T17:39:25Z | https://www.congress.gov/bill/98th-congress/senate-bill/3050 |
| 98-s-3042 | 98 | s | 3042 | Broad-Based Enhanced Savings Tax Act of 1984 | Taxation | 1984-10-02 | 1984-10-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Roth Jr., William V. [R-DE] | DE | R | R000460 | 0 | Broad-Based Enhanced Savings Tax Act of 1984 - Title I: Reduction of Individual Income Tax Rates - Amends the Internal Revenue Code to reduce the number of tax brackets to four and to reduce the marginal tax rates in the four brackets. Provides for a three-year phase down of the marginal tax rates ending in 1990. Postpones until 1986 the indexing of the rate brackets, including the zero bracket amount. Increases the earned income credit for certain individuals and couples with children in 1985 to 13 percent of the first $5,200 of earned income. Phases out the credit as the earned income of the taxpayer increases. Provides for an inflation adjustment to the earned income credit. Increases the personal exemption deduction to $1,050 in 1985. Allows a cost-of-living adjustment to this amount. Repeals the alternative for lump-sum distributions. Title II: Incentives for Investment and Savings - Subtitle A: Depreciation Reform - Permits the taxpayer to take a deduction with respect to expense-method property in the year it is placed in service equal to the basis of such property. Defines "expense-method property" as tangible property that is assigned to the 3-year or 5-year class for purposes of ACRS deductions and qualifies for the investment credit. Prohibits the expensing of several types of properties. Provides that the deduction for expense-method property shall be phased in over a period of 5 years, with the complete allowance of the expense-method property deduction occurring in 1990. Provides that the amount not eligible for the expense-method property deduction shall be eligible for the investment tax credit and the depreciation deduction. Provides that expense method property shall not be eligible for the investment tax credit. Reduces the recovery period for 18-year real property placed in service after 1989 to 15 years. Subtitle B: Savings Incentives - Allows an individual to establish a super savings account to which tax deductible contributions may be made. Limits the maximum amount of deductions t… | 2025-08-29T17:40:31Z | https://www.congress.gov/bill/98th-congress/senate-bill/3042 |
| 98-s-3033 | 98 | s | 3033 | Ten Percent Flat Tax Rate Act | Taxation | 1984-09-28 | 1984-10-02 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Nickles, Don [R-OK] | OK | R | N000102 | 0 | Ten Percent Flat Tax Rate Act - Title I: Ten Percent Tax Rate For All Individuals And Unincorporated Associations - Amends the Internal Revenue Code to impose a flat rate tax of ten percent on the adjusted gross income of individuals and unincorporated associations. Defines "unincorporated association" as any taxable entity which is not incorporated pursuant to the laws of any State, the United States, or any foreign nation. Repeals the income tax credits for: (1) the elderly; (2) contributions to candidates for public office; (3) the purchase of a new principal residence; (4) dependent care expenses; (5) earned income; and (6) residential energy conservation expenses. Repeals the alternative minimum tax for taxpayers other than corporations. Provides that specified income tax credits shall not be available to individuals and unincorporated associations. Excludes from the gross income of individuals or unincorporated associations: (1) alimony and separate maintenance payments; (2) scholarship payments and fellowship grants; (3) social security payments; (4) excess social security tax payments; (5) payments received for disability; (6) payments received pursuant to the Railroad Retirement Act; (7) certain civil service retirement benefits; and (8) interest payments received on State and municipal bonds. Defines "adjusted gross income" in the case of an individual or unincorporated association as gross income minus: (1) trade or business deductions; (2) trade and business deductions of employees; and (3) expenses relating to income production. Disallows certain exclusions from the gross income of individuals and unincorporated associations, including exclusions for: (1) certain death payments; (2) gifts and inheritances; (3) injury or sickness compensation; (4) employer contributions to accident and health plans; (5) partial dividends; (6) contributions to corporation capital; and (7) dependent care assistance. Allows deductions from the adjusted gross income of individuals for personal exemptions. Sets the a… | 2025-08-29T17:39:00Z | https://www.congress.gov/bill/98th-congress/senate-bill/3033 |
| 98-s-3032 | 98 | s | 3032 | A bill to amend the Internal Revenue Code of 1954 to provide for more equitable test and imputed interest rates, and for other purposes. | Taxation | 1984-09-27 | 1984-10-02 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Durenberger, Dave [R-MN] | MN | R | D000566 | 9 | Amends the Internal Revenue Code to reduce the rate of imputed interest for the sale or exchange of property. Allows a lower rate of imputed interest for the first $1,500,000 of the sales price of principal residences or farm lands. Reduces the rate of imputed interest for purposes of determining the issue price in the case of debt instruments issued for property. Provides that such rate of imputed interest shall not apply in determining the issue price of debt instruments issued for residences and the first $1,500,000 of the sales price for farm lands. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/3032 |
| 98-s-3013 | 98 | s | 3013 | Space Development Act of 1984 | Taxation | 1984-09-21 | 1984-09-25 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Gorton, Slade [R-WA] | WA | R | G000333 | 8 | Space Development Act of 1984 - Provides that activities performed in space for U.S. persons on any spacecraft predominantly used or operated in space and controlled from locations within the United States, articles produced in space primarily for sale or use within the United States upon such spacecraft, and assets used or operated in space upon such spacecraft (including such spacecraft) shall be treated as activities performed, or articles produced, within the United States for purposes of the Internal Revenue Code and the Tariff Schedules of the United States. Amends the Internal Revenue Code to allow an investment tax credit for any tangible personal property which is predominantly used or operated in space and which is either a spacecraft or is used or operated upon such spacecraft. Includes as recovery property eligible as a tax deduction with respect to the recovery cost system any tangible property used in space subject to the allowance for depreciation. Includes in the gross income of a taxpayer certain income derived from commercial activity in space. | 2025-08-29T17:41:40Z | https://www.congress.gov/bill/98th-congress/senate-bill/3013 |
| 98-s-2995 | 98 | s | 2995 | A bill to amend the Tax Reform Act of 1984 to provide a transitional rule for the tax treatment of certain air travel benefits provided to employees of airlines. | Taxation | 1984-09-13 | 1984-09-18 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 11 | Amends the Tax Reform Act of 1984 to provide that an individual who, as of September 12, 1984, was performing services for one member of a corporate group and was eligible for nontaxable air travel benefits provided by a corporate affiliate shall continue to be eligible for such benefits if as of that date: (1) the primary business of the affiliated group was air transportation of passengers; and (2) at least 50 percent of the persons performing services for the corporation for which the individual is currently performing services were employees of or had previously performed services for the second such corporation. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2995 |
| 98-s-2987 | 98 | s | 2987 | Minority Telecommunications Ownership Tax Act of 1984 | Taxation | 1984-09-12 | 1984-09-18 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Domenici, Pete V. [R-NM] | NM | R | D000407 | 0 | Minority Telecommunications Ownership Tax Act of 1984 - Amends the Internal Revenue Code to increase the dollar limitation on used property eligible for the investment tax credit from $150,000 to $5,000,000 for property certified by the Federal Communications Commission (FCC) as necessary or appropriate to effectuate an FCC policy with respect to the ownership and control of systems of communication by wire or radio. Extends to non-broadcast communications systems the nonrecognition of gain on FCC-certified sales and exchanges. | 2025-08-29T17:38:21Z | https://www.congress.gov/bill/98th-congress/senate-bill/2987 |
| 98-s-2948 | 98 | s | 2948 | Fair and Simple Tax Act of 1984 | Taxation | 1984-08-10 | 1984-08-20 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Kasten, Robert W., Jr. [R-WI] | WI | R | K000019 | 1 | Fair and Simple Tax Act of 1984 - Title I: Reduction of Individual and Corporate Tax Rates - Subtitle A: Reduction of Rates - Amends the Internal Revenue Code to revise individual tax rates. Imposes a tax rate of 25 percent on the taxable income of every individual. Imposes a tax rate of 15 percent on corporate income which does not exceed $50,000 and a tax rate of 30 percent on corporate income exceeding $50,000. Subtitle B: Increase in Amount of Personal Exemption and Zero Bracket Amount - Increases the amount of the personal exemption to $2,000. Increases the zero bracket amount to $2,700 for single taxpayers and $3,500 for a joint return or surviving spouse. Provides for an annual adjustment in the personal exemption and the zero bracket amount by a cost-of-living adjustment based on the Consumer Price Index. Repeals the exemption for dependents who are students over the age of 18. Subtitle C: Employment Income Exclusion Established - Allows an individual taxpayer to exclude 20 percent of the amount received during the taxable year by such individual as employment income. Provides that the exclusion shall be phased out when the individual's wages and salaries exceed the Federal Insurance Compensation Act's maximum wage base for the calendar year. Excludes all of an individual's employment income where the employment income for the taxable year is $10,000 or less ($15,000 or less in the case of a joint return). Provides for an annual adjustment in the employment income exclusion by a cost-of-living adjustment based on the Consumer Price Index. Subtitle D: Repeals Related to Reduction in Rates - Repeals provisions relating to: (1) tax tables for individuals; (2) special averaging rules for lump-sum distributions; (3) accumulated corporate surplus; (4) personal holding companies; (5) income averaging; and (6) graduated corporate tax rates. Applies the trust throwback rules only to amounts distributed from a foreign trust. Title II: Base Broadening - Subtitle A: Credits - Repeals the following income… | 2025-08-29T17:37:40Z | https://www.congress.gov/bill/98th-congress/senate-bill/2948 |
| 98-s-2930 | 98 | s | 2930 | A bill to repeal the changes made by the Tax Reform Act of 1984 with respect to the tax treatment of debt instruments issued for property. | Taxation | 1984-08-09 | 1984-08-20 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Symms, Steven D. [R-ID] | ID | R | S001138 | 51 | Amends the Internal Revenue Code to repeal rules relating to the determination of the issue price of certain debt instruments issued for property. Amends the Tax Reform Act of 1984 to repeal the revisions made to rules for the imputation of interest on certain deferred payments. Provides that the Internal Revenue Code shall be applied and administered as if such revisions had not been enacted. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2930 |
| 98-s-2933 | 98 | s | 2933 | A bill to amend the Internal Revenue Code of 1954 to provide that restrictions on the allowance for depreciation and the investment credit for property leased by a tax-exempt entity not apply to certain correctional facilities leased by State and local governments. | Taxation | 1984-08-09 | 1984-09-14 | Senate Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 98-1130. | Senate | Sen. D'Amato, Alfonse [R-NY] | NY | R | D000018 | 0 | Amends the Internal Revenue Code to provide that restrictions on the allowance for depreciation and the investment tax credit for property leased by a tax-exempt entity shall not apply to certain correctional facilities leased by State and local governments. | 2025-01-03T20:56:15Z | https://www.congress.gov/bill/98th-congress/senate-bill/2933 |
| 98-s-2945 | 98 | s | 2945 | A bill to waive certain requirements of Section 103a of the Internal Revenue Code of 1954 with respect to certain veterans' mortgage obligations. | Taxation | 1984-08-09 | 1984-08-20 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Byrd, Robert C. [D-WV] | WV | D | B001210 | 1 | Amends the Internal Revenue Code to waive issue date requirements and volume limitations for qualified veterans' mortgage bonds issued by a State that adopted a resolution relating to the Veterans Mortgage Bond Program on March 9, 1984, and ratified such resolution in 1984. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2945 |
| 98-s-2914 | 98 | s | 2914 | Enterprise Zone Act of 1984 | Taxation | 1984-08-08 | 1984-08-20 | Committee on Finance requested executive comment from OMB, International Trade Commission, Office of the U.S. Trade Representative, Treasury Department, State Department, Commerce Department. | Senate | Sen. Boschwitz, Rudy [R-MN] | MN | R | B000647 | 38 | Enterprise Zone Act of 1984 - Title I: Designation of Enterprise Zones - Amends the Internal Revenue Code to provide for the designation of enterprise zones by the Secretary of Housing and Urban Development for purposes of extending the tax incentives and regulatory flexibility measures provided by this Act. Provides that State and local governments shall nominate areas for such designation. Limits the total number of designated areas to 75 (25 per year over a three-year period). Requires that at least one-third of such area be in rural areas. Limits the period during which such designations shall remain in effect. Provides that the Secretary may designate such zones only if: (1) the area is within the jurisdiction of the local government; (2) the boundary of the area is continuous; (3) the area has a population of at least 4,000 if any portion thereof is located within a standard metropolitan statistical area (within a population of at least 50,000) or 1,000 otherwise, or it is within an Indian reservation; and (4) the area meets specified unemployment and poverty requirements. Requires nominating local governments, as a condition of the Secretary's designation, to agree in writing to follow a course of action which may include reducing tax rates, improving local services, simplifying or streamlining regulation of business, or receiving commitments of private entities to assist employees and residents of the area. Terminates the authority of the Secretary to designate enterprise zones on December 31, 1988, or three years after the publication of regulations pertaining to such zones, whichever is later. Describes areas to which preference shall be given in deciding to designate enterprise zones. Requires the Secretary to prepare and submit to the Congress every four years a report on the effects of such enterprise zones' designation. Requires that any property tax reduction effected by a local government under the terms of this Act be disregarded for purposes of determining the eligibility of a State or loca… | 2025-08-29T17:39:10Z | https://www.congress.gov/bill/98th-congress/senate-bill/2914 |
| 98-s-2913 | 98 | s | 2913 | A bill to amend the Tax Reform Act of 1984 to clarify that a credit union is not to be treated as an instrumentality of the United States for purposes of determining exemptions from the tax-exempt leasing rules. | Taxation | 1984-08-07 | 1984-08-20 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 1 | Amends the Tax Reform Act of 1984 to provide that a credit union is not to be treated as an instrumentality of the United States for purposes of determining exemptions from the tax-exempt leasing rules. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2913 |
| 98-s-2908 | 98 | s | 2908 | A bill to correct a flaw in the UBTI provisions of the Internal Revenue Code. | Taxation | 1984-08-06 | 1984-08-20 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Pryor, David H. [D-AR] | AR | D | P000556 | 0 | Amends the Internal Revenue Code to provide that income derived by congressionally chartered organizations and certain nonprofit organizations from the rental or exchange of mailing lists with another nonprofit organization shall not be considered unrelated business taxable income. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2908 |
| 98-s-2905 | 98 | s | 2905 | A bill to amend the Internal Revenue Code of 1954 to provide that distilled spirits originally distilled from cane in Puerto Rico or the Virgin Islands shall be exempt from restrictions imposed with respect to the cover over of excise tax revenues and to allow the full excise tax on distilled spirits to be covered over to the possessions. | Taxation | 1984-08-03 | 1984-09-04 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 0 | Amends the Internal Revenue Code to exempt from the restrictions imposed with respect to the rebate of excise tax revenues any distilled spirits originally distilled from cane in Puerto Rico or the Virgin Islands. Allows the full excise tax on distilled spirits to be rebated to Puerto Rico and the Virgin Islands. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2905 |
| 98-s-2903 | 98 | s | 2903 | A bill to amend the Internal Revenue Code of 1954 to provide that restrictions on the allowance for depreciation and the investment credit for property leased by a tax-exempt entity not apply to certain correctional facilities leased by State and local governments. | Taxation | 1984-08-02 | 1984-08-06 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. D'Amato, Alfonse [R-NY] | NY | R | D000018 | 0 | Amends the Internal Revenue Code to provide that restrictions on the allowance for depreciation and the investment tax credit for property leased by a tax-exempt entity shall not apply to certain correctional facilities leased by State and local governments. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2903 |
| 98-s-2893 | 98 | s | 2893 | A bill to amend the Internal Revenue Code of 1954 to repeal the limitation on the aggregate face amount of private activity bonds, and for other purposes. | Taxation | 1984-07-31 | 1984-08-06 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Specter, Arlen [R-PA] | PA | R | S000709 | 3 | Amends the Internal Revenue Code to repeal the limitation on private activity bonds and the restriction on the use of industrial development bonds to acquire existing facilities. Extends from 1986 to 1988 the small issue industrial development bond exceptions for non-manufacturing facilities. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2893 |
| 98-s-2894 | 98 | s | 2894 | A bill to amend the Internal Revenue Code of 1954 to clarify the application of the imputed interest and interest accrual rules in the case of sales of residences, farms, and real property used in a trade or business. | Taxation | 1984-07-31 | 1984-08-20 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Melcher, John [D-MT] | MT | D | M000635 | 32 | Amends the Internal Revenue Code to reduce the rate of imputed interest for: (1) the first $250,000 of the sale price of residential property sold by an individual; (2) the first $1,500,000 of the sale price of farm property sold by an individual, partnership, estate or small business corporation; and (3) the first $500,000 of the sale price of real property associated with the sale of a trade or business. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2894 |
| 98-s-2869 | 98 | s | 2869 | A bill to amend the Internal Revenue Code of 1954 to provide an income tax credit for expenses incurred by an individual taxpayer for the purchase of television subtitle equipment to be used by a hearing-impaired individual. | Taxation | 1984-07-26 | 1984-07-31 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Leahy, Patrick J. [D-VT] | VT | D | L000174 | 4 | Amends the Internal Revenue Code to allow an income tax credit in an amount equal to 50 percent of expenses incurred for the purchase and installation of television subtitle equipment to be used by a hearing-impaired individual. Limits the amount of such credit to $250 ($125 in the case of a married individual filing a separate return). | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2869 |
| 98-s-2833 | 98 | s | 2833 | A bill to limit to the national median family income the amount of farm loss which may be deducted against nonfarm income by high income taxpayers in competition with full-time, family-sized farm operators. | Taxation | 1984-06-29 | 1984-07-10 | Committee on Finance requested executive comment from OMB, Treasury Department, Agriculture Department. | Senate | Sen. Abdnor, James [R-SD] | SD | R | A000009 | 4 | Amends the Internal Revenue Code to limit the deductions of a taxpayer attributable to farming to the sum of: (1) the gross income of such taxpayer from the trade or business of farming for such taxable year, plus; (2) an amount equal to the national median family income for the previous year. Excludes from this tax-loss limitation those individuals, partnerships, or corporations which receive more taxable income from farm than non-farm sources in three out of the previous seven years. Provides that where the taxpayer engages in more than one trade or business of farming, all such trade or businesses shall be treated as a single trade or business. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2833 |
| 98-s-2810 | 98 | s | 2810 | Passbook Savings Incentive Act of 1984 | Taxation | 1984-06-28 | 1984-07-10 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Boschwitz, Rudy [R-MN] | MN | R | B000647 | 0 | Passbook Savings Incentive Act of 1984 - Amends the Internal Revenue Code to exclude from gross income up to $5,000 ($10,000 for joint returns) of the interest earned on a passbook savings account. | 2025-08-29T17:39:38Z | https://www.congress.gov/bill/98th-congress/senate-bill/2810 |
| 98-s-2814 | 98 | s | 2814 | Pediatric Preventive Health Care Incentive Tax Act | Taxation | 1984-06-28 | 1984-07-10 | Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department. | Senate | Sen. Chafee, John H. [R-RI] | RI | R | C000269 | 0 | Pediatric Preventive Health Care Incentive Tax Act - Amends the Internal Revenue Code to deny employers an income tax deduction for group health plan expenses unless such plan includes coverage for pediatric preventive health care. Defines "pediatric preventive health care" for purposes of qualification for such income tax deduction. | 2025-08-29T17:38:06Z | https://www.congress.gov/bill/98th-congress/senate-bill/2814 |
| 98-s-2815 | 98 | s | 2815 | A bill to repeal the changes made to section 483 of the Internal Revenue Code of 1954 by the Tax Reform Act of 1984. | Taxation | 1984-06-28 | 1984-07-10 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Symms, Steven D. [R-ID] | ID | R | S001138 | 6 | Amends the Tax Reform Act of 1984 to repeal provisions revising the method of calculating the imputed interest rate on certain deferred payments. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2815 |
| 98-s-2822 | 98 | s | 2822 | A bill to amend section 483 of the Internal Revenue Code of 1954 to provide that such section shall not apply to certain sales and exchanges of real property located in the United States used as a farm or in a closely held business. | Taxation | 1984-06-28 | 1984-07-10 | Committee on Finance requested executive comment from OMB, Treasury Department, Agriculture Department. | Senate | Sen. Abdnor, James [R-SD] | SD | R | A000009 | 0 | Amends the Internal Revenue Code to exempt the sale or exchange of land used as a farm or in a closely held business from rules requiring the imputation of interest on certain deferred payments. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2822 |
| 98-s-2791 | 98 | s | 2791 | Organ Transplant Contributions Act of 1984 | Taxation | 1984-06-26 | 1984-07-10 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Bumpers, Dale [D-AR] | AR | D | B001057 | 2 | Organ Transplant Contributions Act of 1984 - Amends the Internal Revenue Code to allow taxpayers to designate on their income tax returns a contribution of any portion of their income tax refund or any cash contribution voluntarily forwarded with their returns to support the National Organ Transplant Trust Fund. Establishes within the Treasury the National Organ Transplant Trust Fund. Appropriates to such trust fund an amount equal to the amount designated on tax returns for the fund. Directs the Secretary of Health and Human Services to promulgate regulations which will establish an organ transplantation program. Directs the Secretary to authorize payments from the trust fund on behalf of eligible individuals to pay costs of organ transplantation procedures, both preoperatively and postoperatively. Defines "eligible individual" as an individual who, as determined by the Secretary, has a life-threatening medical condition for which a transplant procedure is reasonably medically necessary and who has no source of payment for an organ transplantation procedure. | 2025-08-29T17:40:33Z | https://www.congress.gov/bill/98th-congress/senate-bill/2791 |
| 98-s-2705 | 98 | s | 2705 | A bill to amend the Internal Revenue Code of 1954 to provide for the establishment of, and the deduction of contributions to, education savings accounts. | Taxation | 1984-05-22 | 1984-06-05 | Committee on Finance requested executive comment from OMB, Treasury Department, Education Department. | Senate | Sen. Mathias, Charles McC., Jr. [R-MD] | MD | R | M000241 | 0 | Amends the Internal Revenue Code to allow an individual taxpayer an income tax deduction for contributions to a savings account established to pay the educational expenses (tuition, supplies, meals, and lodging) of such taxpayer or the taxpayer's child at an institution of higher education or a vocational school. Limits the amount of such deduction to $2,000 (adjusted for inflation) for an account per year. Specified that no individual may be a beneficiary of more than one account during any calendar year. Excludes from the gross income of the individual who contributed to the account any amounts: (1) used exclusively to pay the educational expenses incurred by the individual for whose benefit the account is established; or (2) transferred to a qualified State educational fund. Requires the individual for whose benefit the educational savings account was established to include the amounts distributed from an educational savings account in income over a ten year period. Exempts from taxation an educational savings account unless such account ceases to be an educational savings account. Specified penalties for the use of account funds for other than educational purposes. Requires the trustee of an educational savings account to make periodic reports to the Secretary of the Treasury. Provides that payments made by an individual to an educational savings account for the benefit of his child shall not be considered a gift of a future interest in property. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2705 |
| 98-s-2691 | 98 | s | 2691 | A bill to amend the Internal Revenue Code of 1954 to allow a deduction for additions to reserves for refunds of beverage container deposits. | Taxation | 1984-05-18 | 1984-05-22 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Levin, Carl [D-MI] | MI | D | L000261 | 1 | Amends the Internal Revenue Code to allow a wholesale distributor of beverages to deduct a reasonable addition to a reserve fund for refunds of beverage container deposits. Directs the Secretary of the Treasury to promulgate regulations which will limit the amount of the deduction allowable for the first year the taxpayer elects such procedure. Directs the Secretary to prescribe regulations as to the time and manner a taxpayer may make such election. Requires the Secretary to consent to a revocation of this election. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2691 |
| 98-s-2639 | 98 | s | 2639 | A bill to amend the Internal Revenue Code of 1954 with respect to the taxation of employee awards. | Taxation | 1984-05-08 | 1984-05-08 | Read twice and referred to the Committee on Finance. | Senate | Sen. Boschwitz, Rudy [R-MN] | MN | R | B000647 | 0 | Amends the Internal Revenue Code to exclude from an employee-recipient's income a portion of the value of an employee achievement award if it is awarded by reason of length of service, productivity or safety achievement. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2639 |
| 98-s-2645 | 98 | s | 2645 | A bill to amend the Internal Revenue Code to provide for airline passenger consumer protection. | Taxation | 1984-05-08 | 1984-05-14 | Committee on Finance requested executive comment from OMB, Treasury Department, Transportation Department. | Senate | Sen. Pressler, Larry [R-SD] | SD | R | P000513 | 0 | Amends the Internal Revenue Code to permit air carriers who honor tickets of passengers holding tickets on a bankrupt scheduled air carrier to take a credit against the excise tax paid on air transportation in an amount necessary to reimburse the air carrier for honoring such tickets. Limits the amount of the credit to the amount that the carrier would have received if it had charged that passenger for transporting on a standby or space-available basis. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2645 |
| 98-s-2600 | 98 | s | 2600 | Fair and Simple Tax Act of 1984 | Taxation | 1984-04-26 | 1984-04-26 | Read twice and referred to the Committee on Finance. | Senate | Sen. Kasten, Robert W., Jr. [R-WI] | WI | R | K000019 | 1 | Fair and Simple Tax Act of 1984 - Title I: Reduction of Individual and Corporate Tax Rates - Subtitle A: Reduction of Rates - Amends the Internal Revenue Code to revise individual tax rates. Imposes a tax rate of 25 percent on the taxable income of every individual. Imposes a tax rate of 15 percent on corporate income which does not exceed $50,000 and a tax rate of 30 percent on corporate income exceeding $50,000. Subtitle B: Increase in Amount of Personal Exemption and Zero Bracket Amount - Increases the amount of the personal exemption to $2,000. Increases the "zero bracket amount" to $2,700 for single taxpayers and $3,500 for a joint return or surviving spouse. Provides for an annual adjustment in the "zero bracket amount" by a cost-of-living adjustment based on the Consumer Price Index. Subtitle C: Employment Income Exclusion Established - Allows an individual taxpayer to exclude 20 percent of the amount received during the taxable year by such individual as employment income. Provides that the exclusion is phased out when the individual's wages and salaries exceed the Federal Insurance Compensation Act's maximum wage base for the calendar year. Excludes all of an individual's employment income where the employment income for the taxable year is $10,000 or less ($20,000 or less in the case of a joint return). Subtitle D: Repeals Related to Reduction in Rates - Repeals provisions relating to: (1) tax tables for individuals; (2) personal service corporations; (3) special averaging rules for lump-sum distributions; (4) accumulated corporate surplus; (5) personal holding companies; (6) income averaging; and (7) graduated corporate tax rates. Applies the trust throwback rules only to amounts distributed from a foreign trust. Title II: Base Broadening - Subtitle A: Credits - Repeals the general tax credit, the investment tax credit, and the income tax credits relating to: (1) the elderly and the permanently and totally disabled; (2) investments in certain depreciable property; (3) work incentive expens… | 2025-08-29T17:40:37Z | https://www.congress.gov/bill/98th-congress/senate-bill/2600 |
| 98-s-2519 | 98 | s | 2519 | A bill to amend the Internal Revenue Code of 1954 with respect to deductions for certain expenses incurred by a member of a uniformed service of the United States, or by a minister, who receives a housing or subsistence allowance. | Taxation | 1984-04-02 | 1984-04-06 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Warner, John [R-VA] | VA | R | W000154 | 6 | Amends the Internal Revenue Code to allow members of the clergy and members of the uniformed services to deduct expenses related to tax-exempt housing and subsistence allowances. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2519 |
| 98-s-2498 | 98 | s | 2498 | A bill to amend section 1034(h) of the Internal Revenue Code of 1954 in the case of members of the Armed Forces stationed overseas or required to reside in Government quarters. | Taxation | 1984-03-29 | 1984-04-04 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Tower, John G. [R-TX] | TX | R | T000322 | 3 | Amends the Internal Revenue Code to provide that the suspension of the two year period in which an individual must purchase a new residence for nonrecognition of gain on the sale of an old residence which is granted to members of the armed forces who are stationed overseas or who are required to reside in Government-owned quarters shall be extended to the later of four years after the date of the sale of the old residence (as currently provided) or one year after the date on which the taxpayer is no longer stationed overseas or required to reside in Government-owned quarters. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2498 |
| 98-s-2447 | 98 | s | 2447 | Corporate Distribution Tax Reform Act of 1984 | Taxation | 1984-03-20 | 1984-03-26 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Specter, Arlen [R-PA] | PA | R | S000709 | 0 | Corporate Distribution Tax Reform Act of 1984 - Amends the Internal Revenue Code to limit the income tax deduction for dividends received by a corporate shareholder which acquires another corporation to the extent such acquisition was debt financed. Sets forth the method for the calculation of such limit. Requires the reduction in the basis of a corporate shareholder's stock if the corporation receives an extraordinary dividend with respect to any share of stock. Defines "extraordinary dividend" as any dividend with respect to a share of stock issued by a corporation to a corporation which has acquired the issuer by merger if the dividend equals or exceeds a specified percentage of the taxpayer's adjusted basis in such share of stock. Requires the recognition of gain on distributions of appreciated property by integrated oil companies. Provides that loss shall be recognized to an integrated oil company on the distribution of property with respect to its stock if such distribution is pursuant to a plan of complete liquidation. | 2025-08-29T17:38:33Z | https://www.congress.gov/bill/98th-congress/senate-bill/2447 |
| 98-s-2450 | 98 | s | 2450 | A bill to amend the Internal Revenue Code of 1954 to allow an additional 5 days during which an employer may request or receive a certification that an individual is a member of a targeted group for purposes of the targeted jobs credit. | Taxation | 1984-03-20 | 1984-03-22 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Gorton, Slade [R-WA] | WA | R | G000333 | 0 | Amends the Internal Revenue Code to allow an additional five days during which an employer may request or receive a certification that an individual is a member of a targeted group for purposes of the targeted jobs tax credit. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2450 |
| 98-s-2431 | 98 | s | 2431 | A bill to amend the Internal Revenue Code of 1954 to include Food Stamp recipients as a targeted group for the jobs credit. | Taxation | 1984-03-15 | 1984-03-21 | Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department, Labor Department. | Senate | Sen. Helms, Jesse [R-NC] | NC | R | H000463 | 2 | Amends the Internal Revenue Code to include food stamp recipients as a targeted group for purposes of the targeted jobs income tax credit. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2431 |
| 98-s-2432 | 98 | s | 2432 | A bill to amend the Internal Revenue Code of 1954 to allow charitable contributions of inventory and other property by any taxpayer. | Taxation | 1984-03-15 | 1984-03-19 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Helms, Jesse [R-NC] | NC | R | H000463 | 1 | Amends the Internal Revenue Code to permit any taxpayer (currently limited to corporations) to make tax deductible charitable contributions of inventory. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2432 |
| 98-s-2400 | 98 | s | 2400 | Taxpayers' Procedural Safeguard Act | Taxation | 1984-03-08 | 1984-03-19 | Subcommittee on Oversight of the IRS. Hearings held. Hearings printed: S.Hrg. 98-845. | Senate | Sen. Grassley, Chuck [R-IA] | IA | R | G000386 | 0 | Taxpayers' Procedural Safeguard Act - Amends the Internal Revenue Code to increase from ten days to 30 days the time period during which a taxpayer must pay a tax deficiency after notice and demand for payment. Sets forth requirements for information which must be included with such notice to a taxpayer. Allows the release of a levy upon the wages or salary of a taxpayer if: (1) the taxpayer has entered into an agreement for the payment of tax liability; or (2) the Secretary of the Treasury determines that such liability is unenforceable due to the financial condition of the taxpayer. (Present law allows the release of a levy only when the liability is satisfied or becomes unenforceable due to lapse of time.) Increases by specified amounts the aggregate sum of a taxpayer's personal effects and trade or business property which is exempt from levy. Increases by specified amounts the wages, salary, and other income of a taxpayer which are exempt from levy. Exempts from levy: (1) the principal residence of the taxpayer; (2) any motor vehicle used for transportation to the place of business of the taxpayer; and (3) any tangible personal property used in carrying on the trade or business of the taxpayer if such levy would prevent the taxpayer from carrying on such trade or business. Allows levy on such property if: (1) a district director or assistant district director of the Internal Revenue Service personally approves (in writing) the levy of such property; or (2) the collection of tax would be in jeopardy. Prohibits the levy on any property if the amount of the estimated expenses which would be incurred with respect to the levy and sale of such property exceeds: (1) the fair market value of such property at the time of levy; or (2) the liability for which such levy is made. Revises requirements for the administrative review of jeopardy levy and assessment. Requires the award of court costs and certain fees in civil suits brought against the United States if the position of the United States in such a procee… | 2025-08-29T17:40:20Z | https://www.congress.gov/bill/98th-congress/senate-bill/2400 |
| 98-s-2394 | 98 | s | 2394 | A bill to amend the Internal Revenue Code of 1954 to provide a credit for the purchase of child restraint systems used in motor vehicles. | Taxation | 1984-03-07 | 1984-03-09 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Inouye, Daniel K. [D-HI] | HI | D | I000025 | 0 | Amends the Internal Revenue Code to allow a nonrefundable income tax credit for the cost of purchasing a child restraint system used in motor vehicles. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2394 |
| 98-s-2386 | 98 | s | 2386 | A bill to amend the Internal Revenue Code of 1954 to deny the deduction for amounts paid or incurred for certain advertisements carried by certain foreign broadcast undertakings and newspapers. | Taxation | 1984-03-02 | 1984-03-02 | Read twice and referred to the Committee on Finance. | Senate | Sen. Cohen, William S. [R-ME] | ME | R | C000598 | 0 | Amends the Internal Revenue Code to prohibit a business expense deduction for advertisements placed with a foreign broadcast station or newspaper and directed to a market in the United States if a similar deduction is denied in the country in which such station is located for an advertisement placed with a U.S. broadcast station or newspaper and directed to a market in that country. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2386 |
| 98-s-2376 | 98 | s | 2376 | Option Tax Reform Act of 1984 | Taxation | 1984-02-29 | 1984-03-07 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 0 | Option Tax Reform Act of 1984 - Amends the Internal Revenue Code to revise the taxation of options. Revises the definition of regulated futures contracts to include any dealer option and any nonequity option. Defines the following terms: (1) listed option contract; (2) nonequity option; (3) options dealer; and (4) dealer option. Specifies that the provisions dealing with regulated futures contracts shall not affect the determination of whether a taxpayer is engaged in the trade or business of trading the underlying property or is a dealer in such property for purposes of provisions dealing with losses from wash sales of stock or securities. Revises rules with respect to the termination or transfer of interests in regulated futures contracts. Sets forth special rules for the treatment of option market makers. Sets forth rules for the tax treatment of gain or loss in the case of a cash settlement option and a commodity option. Requires the Secretary of the Treasury to prescribe regulations to allow a taxpayer to designate positions (whether or not offsetting) to a special mixed straddle account. Empowers the Tax Court to issue a declaratory judgment relating to the status of certain option contracts as regulated futures contracts. | 2025-08-29T17:39:46Z | https://www.congress.gov/bill/98th-congress/senate-bill/2376 |
| 98-s-2355 | 98 | s | 2355 | Highway Tax Reduction Act of 1984 | Taxation | 1984-02-28 | 1984-02-28 | Read twice and referred to the Committee on Finance. | Senate | Sen. Symms, Steven D. [R-ID] | ID | R | S001138 | 1 | Highway Tax Reduction Act of 1984 - Amends the Internal Revenue Code to provide for a reduction in the excise taxes on gasoline, diesel fuel, and special motor fuels and in the heavy truck use tax during any fiscal year in which apportionments have not been made for the Federal-aid highway program. Provides that such reduction shall be effective for a period beginning November 1st of such fiscal year and ending 30 days after such apportionments are made. Prohibits the transfer of funds to the Mass Transit Account of the Highway Trust Fund during any period when such reduction is in effect. | 2025-08-29T17:38:02Z | https://www.congress.gov/bill/98th-congress/senate-bill/2355 |
| 98-s-2365 | 98 | s | 2365 | A bill entitled the "Credit Amendments of 1984". | Taxation | 1984-02-28 | 1984-03-01 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Armstrong, William L. [R-CO] | CO | R | A000219 | 0 | Amends the Internal Revenue Code to extend for two years the time period for which the energy investment tax credit is allowable with respect to certain long-term projects. Repeals the termination date for the treatment of certain shale oil property as energy property. (Present law terminated such treatment as of December 31, 1982.) | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2365 |
| 98-s-2345 | 98 | s | 2345 | A bill to provide an Individual Retirement Account credit in lieu of a deduction and to extend Individual Retirement Account benefits to non-working spouses and divorced persons. | Taxation | 1984-02-27 | 1984-03-01 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 0 | Amends the Internal Revenue Code to provide that the compensation of the higher-paid spouse may be taken into account in determining the income tax deduction for contributions to the individual retirement account of the other spouse. Treats alimony as compensation for purposes of determining the income tax deduction for contributions to an individual retirement account. Allows an income tax credit in lieu of the income tax deduction presently allowed for contributions to an individual retirement account. Sets the amount of such credit at 35 percent of the amount which would be deductible under present law. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2345 |
| 98-s-2349 | 98 | s | 2349 | A bill to amend the Internal Revenue Code of 1954 to deny loss deductions for stock in corporations functioning in the nature of political action committees. | Taxation | 1984-02-27 | 1984-03-01 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Metzenbaum, Howard M. [D-OH] | OH | D | M000678 | 2 | Amends the Internal Revenue Code to deny a loss deduction for stock in a corporation where a substantial part of the corporation's activities involve attempts to influence legislation and participate in political campaigns. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2349 |
| 98-s-2353 | 98 | s | 2353 | A bill to amend the Internal Revenue Code of 1954 to provide that one-half of the amounts paid by a self-employed taxpayer for his or her health insurance premiums will be allowed as a business deduction. | Taxation | 1984-02-27 | 1984-03-01 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Grassley, Chuck [R-IA] | IA | R | G000386 | 14 | Amends the Internal Revenue Code to provide that one-half of the cost of insurance paid by a self-employed taxpayer for medical care during the taxable year will be allowed as a business deduction. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2353 |
| 98-s-2343 | 98 | s | 2343 | A bill to reform the alternative minimum tax. | Taxation | 1984-02-23 | 1984-02-28 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 0 | Amends the Internal Revenue Code to establish an alternative minimum taxable floor for purposes of computing the alternative minimum tax for taxpayers other than corporations. Requires that alternative minimum taxable income shall not be less than such minimum taxable floor. Sets forth the method of calculating such minimum taxable floor. Provides that for purposes of such calculation deductions attributable to property held for the production of income or to a trade or business shall not be taken into account to the extent that the deductions from such activities exceed the gross income attributable to such activities. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2343 |
| 98-s-2319 | 98 | s | 2319 | Tax Shelter Reform Act of 1984 | Taxation | 1984-02-22 | 1984-03-01 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 0 | Tax Shelter Reform Act of 1984 - Amends the Internal Revenue Code to deny an income tax deduction for certain property where a taxpayer uses property of another for personal purposes and such other person uses similar property of the taxpayer for personal purposes. Imposes an addition to income tax or estate or gift tax where a court (including the United States Claims Court and the Tax Court) makes a final determination that property has been significantly overvalued or undervalued. Sets forth the method for calculating such tax. Establishes an alternative minimum taxable floor for purposes of computing the alternative minimum tax for taxpayers other than corporations. Requires that the alternative minimum taxable income shall not be less than such minimum taxable floor. Sets forth the method of calculating such minimum taxable floor. Provides that for purposes of such calculation deductions attributable to property held for the production of income or to a trade or business shall not be taken into account to the extent that the deductions from such activities exceed the gross income attributable to such activities. Limits the basis of passenger automobiles to $15,000 for purposes of determining the amount of depreciation and investment tax credit allowable. Allows for an automobile price inflation adjustment (if required) for the calendar year in which the automobile is placed in service. Limits the amount that can be deducted as an ordinary and necessary business expense for leasing automobiles for periods longer than one month. Denies an income tax deduction for interest paid or incurred to purchase or carry certain short-term obligations except to the extent that the taxpayer declares any interest income from such short-term securities. Requires any corporation or partnership organized for tax shelter purposes to file with the Secretary of the Treasury a duplicate of any materials required to be filed with the Securities and Exchange Commission. Requires the Secretary to conduct a study of tax shelters a… | 2025-08-29T17:37:40Z | https://www.congress.gov/bill/98th-congress/senate-bill/2319 |
| 98-s-2322 | 98 | s | 2322 | A bill to amend the Internal Revenue Code of 1954 to allow individuals to compute the amount of the deduction for retirement savings on the basis of the compensation of the spouse. | Taxation | 1984-02-22 | 1984-02-28 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Bentsen, Lloyd M. [D-TX] | TX | D | B000401 | 1 | Amends the Internal Revenue Code to allow married individuals to compute the amount of their income tax deduction for contributions to retirement savings accounts on the basis of the earnings of their spouse. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2322 |
| 98-s-2323 | 98 | s | 2323 | A bill to amend the Internal Revenue Code of 1954 to impose an excise tax on the receipt of golden parachute payments and to deny any deduction with respect to such payments. | Taxation | 1984-02-22 | 1984-02-28 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Chafee, John H. [R-RI] | RI | R | C000269 | 1 | Amends the Internal Revenue Code to impose a 90 percent excise tax on any golden parachute payment (payments of substantial financial settlements to executives of corporations subject to takeovers). Denies an income tax deduction for the payment of any golden parachute payment. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2323 |
| 98-s-2330 | 98 | s | 2330 | Fairness for Adopting Families Act of 1984 | Taxation | 1984-02-22 | 1984-02-28 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Hatch, Orrin G. [R-UT] | UT | R | H000338 | 1 | Fairness for Adopting Families Act of 1984 - Amends the Internal Revenue Code to remove the dollar limitation on the income tax deduction for adoption expenses. Expands such deduction to include all reasonable and necessary expenses which are directly related to a legal adoption of any child (current law restricts expenses to those incurred in the adoption of a child with special needs), if such adoption has been arranged by a State or local agency, a nonprofit agency, or through a private placement which does not violate a Federal or State law. Disallows such deduction for expenses in connection with embryo transplantation, in vitro fertilization, or surrogate parenthood. Disallows such deduction for expenses incurred for travel outside the United States, unless such travel is required as a condition of the child's adoption, to assess the health and status of the child, or to escort the child back to the United States. Excludes from an employee's gross income any amounts paid on his behalf by an employer pursuant to an adoption assistance program. | 2025-08-29T17:41:43Z | https://www.congress.gov/bill/98th-congress/senate-bill/2330 |
| 98-s-2284 | 98 | s | 2284 | A bill to amend the Internal Revenue Code of 1954 to provide that the standard mileage rate for use of a passenger automobile which may be used in computing the charitable contribution deduction shall be the same as the standard mileage rate which may be used in computing the business expense deduction. | Taxation | 1984-02-09 | 1984-02-13 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Durenberger, Dave [R-MN] | MN | R | D000566 | 3 | Amends the Internal Revenue Code to provide that the standard mileage rate used in computing the charitable deduction for expenses incurred in the operation of a motor vehicle shall be the same as the standard mileage rate established by the Secretary of the Treasury for the business-related deduction. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2284 |
| 98-s-2286 | 98 | s | 2286 | Tax Expenditure Control Act of 1984 | Taxation | 1984-02-09 | 1984-02-09 | Read twice and referred jointly to the Committees on Budget; Governmental Affairs pursuant to the order of August 4, 1977 with instructions that if one Committee reports, the other Committee has thirty days of continuous session to report or be discharged. | Senate | Sen. Biden, Joseph R., Jr. [D-DE] | DE | D | B000444 | 0 | Tax Expenditure Control Act of 1984 - Amends the Congressional Budget Act of 1974 to prohibit the enactment of legislation which, directly or indirectly, enacts new tax expenditures unless such enactment is authorized by law. Prohibits the consideration of any legislation which, directly or indirectly, authorizes the enactment of new tax expenditures to become effective during a fiscal year: (1) unless such legislation is reported to the House or Senate on or before May 15 preceding the beginning of such fiscal year; and (2) if such legislation authorizes the enactment of new tax expenditures to be effective for more than ten consecutive calendar years. Requires referral of any legislation authorizing the enactment of new tax expenditures to the congressional committee with jurisdiction over the activity such new tax expenditure is intended to affect. Defines the term "new tax expenditures" to mean the enactment of a tax expenditure or the increase of an existing tax expenditure. Sets forth the effective dates for the provisions of this Act. | 2025-08-29T17:37:50Z | https://www.congress.gov/bill/98th-congress/senate-bill/2286 |
| 98-s-2305 | 98 | s | 2305 | A bill to amend the Internal Revenue Code of 1954 to make certain local organizations of police and firefighters exempt from taxation. | Taxation | 1984-02-09 | 1984-02-21 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Boschwitz, Rudy [R-MN] | MN | R | B000647 | 1 | Amends the Internal Revenue Code to grant tax-exempt status to local organizations of police officers and firefighters. Requires such an organization: (1) to be of a purely local character; (2) to have no part of its net earnings inure to the benefit of any private shareholder or individual; and (3) to receive its income solely from local governments, assessments on the salaries of members, members dues and contributions, fund-raising activities and investments. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2305 |
| 98-s-2306 | 98 | s | 2306 | A bill to amend the Internal Revenue Code of 1954 to provide that a defined contribution plan qualified under section 401(a) will not be a disqualified person with respect to a private foundation merely because it owns more than 20 percent interest in a corporation, partnership or trust which is a substantial contributor to the foundation. | Taxation | 1984-02-09 | 1984-02-21 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Pryor, David H. [D-AR] | AR | D | P000556 | 0 | Amends the Internal Revenue Code to provide that a defined contribution plan shall not be treated as a disqualified person with respect to a private foundation because it owns more than a 20 percent interest in a corporation, partnership, or trust which is a substantial contributor to the foundation. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2306 |
| 98-s-2257 | 98 | s | 2257 | A bill entitled the "Senior Citizens' Tax Improvement Act". | Taxation | 1984-02-06 | 1984-02-10 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Kassebaum, Nancy Landon [R-KS] | KS | R | K000017 | 19 | Amends the Internal Revenue Code to authorize the Secretary of the Treasury to prescribe regulations exempting retirees or individuals over age 65 from interest penalties with respect to any underpayment of estimated tax. Requires that such underpayment be due to reasonable cause (defined to include mistake or ignorance of the law) and not to willful neglect. | 2025-01-03T20:54:05Z | https://www.congress.gov/bill/98th-congress/senate-bill/2257 |
| 98-s-2249 | 98 | s | 2249 | A bill to amend the Internal Revenue Code of 1954 to exclude from gross income amounts distributed from individual retirement accounts and certain qualified trusts which are attributable to tax-exempt interest. | Taxation | 1984-02-02 | 1984-02-06 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. D'Amato, Alfonse [R-NY] | NY | R | D000018 | 0 | Amends the Internal Revenue Code to exclude from gross income amounts distributed from individual retirement accounts and self-employed or owner-employee trusts which are attributable to tax-exempt interest. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2249 |
| 98-s-2243 | 98 | s | 2243 | Taxpayers' Bill of Rights Act | Taxation | 1984-02-01 | 1984-02-06 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Helms, Jesse [R-NC] | NC | R | H000463 | 1 | Taxpayers' Bill of Rights Act - Amends the Internal Revenue Code to require a Federal court order before property of a taxpayer may be levied upon for the collection of tax. Sets forth standards for the issuance of such an order. Permits the award of judgment costs, including reasonable attorney's fees, to a prevailing party in administrative actions taken within the Internal Revenue Service. (Present law limits such an award to cases litigated in a Federal court.) Repeals the maximum dollar limitation of such an award. Establishes within the Department of the Treasury an office designated as the Taxpayer Assistance Protection Board. Specifies that such Board shall operate under the supervision and direction of an Assistant Secretary of Taxpayer Assistance. Specifies the duties and responsibilities of such assistant Secretary. Requires that any summons issued to a third-party record keeper must also notify such recordkeeper of the right to intervene and the right to begin a proceeding to quash such summons. Provides for the abatement of a deficiency and any penalty or interest attributable to written advice by the Internal Revenue Service. Requires the IRS, upon a taxpayer's request, to conduct any interview regarding a deficiency assessment in the taxpayer's residence or place of business, at a reasonable time convenient to the taxpayer. Requires the officer or employee conducting such interview to warn the taxpayer that: (1) he has a right to remain silent; (2) any statement he makes may be used against him; and (3) he has the right to the presence of an attorney. Exempts certain income producing property from levy for nonpayment of taxes. Directs the Comptroller General of the United States to establish, and to report annually to Congress on, a program to provide for a continuing audit and investigation of the efficiency, uniformity, and equity of the administration of the internal revenue laws of the United States. | 2025-08-29T17:41:37Z | https://www.congress.gov/bill/98th-congress/senate-bill/2243 |
| 98-s-2246 | 98 | s | 2246 | A bill to amend the Internal Revenue Code of 1954 to clarify the definition of articles produced in Puerto Rico or the Virgin Islands for purposes of determining the amounts of Federal internal revenue taxes which are paid over to Puerto Rico and the Virgin Islands. | Taxation | 1984-02-01 | 1984-02-06 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Long, Russell B. [D-LA] | LA | D | L000428 | 0 | Amends the Internal Revenue Code to provide that for purposes of the rebate of the excise tax on distilled spirits for products of Puerto Rico and the Virgin Islands no distilled spirits shall be treated as products of Puerto Rico or the Virgin Islands unless the original distillation of substantially all of the distilled spirits in such product occurred in Puerto Rico or the Virgin Islands. Requires that a specified value must be added to any article (including distilled spirits) in order to be treated as produced in Puerto Rico. Prohibits the rebate of Federal excise taxes on any article if the Secretary of the Treasury determines that an excise tax subsidy was provided by Puerto Rico or the Virgin Islands for such article which is different in kind or amount from that generally offered to industries producing articles not subject to Federal excise taxes. Exempts rum and any articles consumed in Puerto Rico or the Virgin Islands from the provisions of this Act. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2246 |
| 98-s-2231 | 98 | s | 2231 | A bill to amend the Internal Revenue Code of 1954 to limit the amount of depreciation and investment tax credit allowable for luxury automobiles. | Taxation | 1984-01-30 | 1984-07-18 | Provisions Concerning Luxury Automobiles Contained in Sect. 179, Subtitle L of H.R.4170. | Senate | Sen. Baucus, Max [D-MT] | MT | D | B000243 | 0 | Amends the Internal Revenue Code to limit the basis of passenger automobiles to $15,000 for purposes of determining the amount of depreciation and investment tax credit allowable. Allows for an automobile price inflation adjustment (if required) for the calendar year in which the automobile is placed in service. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2231 |
| 98-s-2232 | 98 | s | 2232 | A bill to amend the Internal Revenue Code of 1954 to limit the amount of depreciation, investment tax credit, and deductions allowable for luxury automobiles. | Taxation | 1984-01-30 | 1984-07-18 | Provisions Concerning Luxury Automobiles Contained in Sect. 179, Subtitle L of H.R.4170. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 3 | Amends the Internal Revenue Code to limit the basis of passenger automobiles to $15,000 for purposes of determining the amount of depreciation and investment tax credit allowable. Allows for an automobile price inflation adjustment (if required) for the calendar year in which the automobile is placed in service. Limits the amount that can be deducted as an ordinary and necessary business expense for leasing automobiles for periods longer than one month. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2232 |
| 98-s-2226 | 98 | s | 2226 | A bill to amend the Internal Revenue Code of 1954 to extend mortgage subsidy bond authority through 1990. | Taxation | 1984-01-27 | 1984-01-30 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Domenici, Pete V. [R-NM] | NM | R | D000407 | 1 | Amends the Internal Revenue Code to extend for seven years, until December 31, 1990, the period during which mortgage revenue bonds may be issued as tax-exempt bonds (interest excluded from gross income). | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2226 |
| 98-s-2229 | 98 | s | 2229 | A bill to amend the Internal Revenue Code of 1954 to allow individuals to compute the deduction for retirement savings on the basis of the compensation of their spouses and to treat alimony as compensation for purposes of such deduction. | Taxation | 1984-01-27 | 1984-01-30 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Boschwitz, Rudy [R-MN] | MN | R | B000647 | 12 | Amends the Internal Revenue Code to allow married individuals to compute the amount of their income tax deduction for contributions to retirement savings accounts on the basis of the earned income of their spouses. Treats alimony payments as compensation for purposes of this deduction. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2229 |
| 98-s-2219 | 98 | s | 2219 | A bill to amend the Internal Revenue Code of 1954 to remove requirements for filing returns regarding payments of remuneration for services, and for other purposes. | Taxation | 1984-01-26 | 1984-01-30 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Boren, David L. [D-OK] | OK | D | B000639 | 8 | Amends the Internal Revenue Code to repeal the requirement for filing informational returns regarding remuneration for services and direct sales. Repeals the requirement for backup withholding on payments of remuneration for services. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2219 |
| 98-s-2222 | 98 | s | 2222 | A bill to provide a deduction from gross income for individual taxpayers who maintain a household which includes a dependent of the taxpayer who suffers from Alzheimer's disease. | Taxation | 1984-01-26 | 1984-01-30 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Metzenbaum, Howard M. [D-OH] | OH | D | M000678 | 5 | Amends the Internal Revenue Code to allow an income tax deduction for the home care expenses of individual taxpayers who maintain a household which includes a dependent of the taxpayer who suffers from Alzheimer's disease. Permits this deduction whether or not the taxpayer itemizes deductions. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2222 |
| 98-s-2207 | 98 | s | 2207 | Child Support Enforcement Amendments of 1984 | Taxation | 1984-01-24 | 1984-01-31 | Committee on Finance requested executive comment from OMB, Treasury Department, Health and Human Services Department. | Senate | Sen. Bradley, Bill [D-NJ] | NJ | D | B001225 | 21 | Child Support Enforcement Amendments of 1984 - Amends part D (Child Support and Establishment of Paternity) of title IV of the Social Security Act to revise the purposes of such part to provide that assistance in obtaining support will be available under part D to all children (whether or not eligible for aid under the Aid to Families With Dependent Children (AFDC) program) for whom such assistance is requested. Requires a State, under part D, to have enacted laws establishing, embodying, or requiring the use of the following procedures to increase the effectiveness of its part D program: (1) procedures for the withholding from income of support amounts; (2) procedures assuring the State will improve the enforcement of support obligations; (3) procedures to collect support from a State tax refund; (4) procedures under which liens are imposed against real and personal property for amounts of past-due support owed by an absent parent; (5) procedures for establishing a child's paternity; (6) procedures requiring an individual to give security or post a bond to secure payment of past-due support if the individual is an absent parent who has demonstrated a pattern of not making payments; (7) procedures by which information regarding the amount of past-due support owed by an absent parent residing in the State will be made available to any consumer credit bureau organization upon the request of such organization, subject to certain conditions; and (8) procedures under which support payments will be made under part D through the State agency or other entity administering the State's income withholding system at the request of either parent, even though no arrearages are involved. Sets forth the procedures (referred to in clause one above) for the withholding from income of support payments. Provides that under such procedures: (1) amounts withheld must comply with the support order; (2) withholding must be initiated without application in the case of a child who is already receiving services under part D, and will be… | 2025-08-29T17:39:49Z | https://www.congress.gov/bill/98th-congress/senate-bill/2207 |
| 98-s-2143 | 98 | s | 2143 | Displaced Homemakers Opportunity Act | Taxation | 1983-11-18 | 1983-12-01 | Committee on Finance requested executive comment from OMB, Treasury Department, Labor Department. | Senate | Sen. Hatch, Orrin G. [R-UT] | UT | R | H000338 | 3 | Displaced Homemakers Opportunity Act - Amends the Internal Revenue Code to allow employers an income tax credit for expenses of occupational training, received either on the job or through a qualified training organization, of displaced homemakers. Defines "displaced homemaker" as an individual who: (1) was a homemaker for five years; (2) had no, or insufficient, occupational skills at the time of hiring; (3) entered the work force due to the death or disability of, or divorce from, the wage-earning spouse; and (4) is employed by the taxpayer at the close of the taxable year. Excludes from such definition any individual with respect to whom the taxpayer has been allowed a targeted jobs tax credit. Provides for the recapture of the tax benefit received under this Act in the event the taxpayer discharges a displaced homemaker without reasonable cause. | 2025-08-29T17:37:46Z | https://www.congress.gov/bill/98th-congress/senate-bill/2143 |
| 98-s-2144 | 98 | s | 2144 | A bill to amend the Internal Revenue Code of 1954 to promote savings and voluntarism by increasing the amount of contributions which may be made to an individual retirement account for homemakers who perform services for charities without compensation. | Taxation | 1983-11-18 | 1983-11-29 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Hatch, Orrin G. [R-UT] | UT | R | H000338 | 1 | Amends the Internal Revenue Code to increase to a maximum of $2,000 the amount which may be contributed to an individual retirement account on behalf of a homemaker who performs an average of six hours of volunteer services per week for charities. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2144 |
| 98-s-2158 | 98 | s | 2158 | Simpliform Tax Act | Taxation | 1983-11-18 | 1983-12-01 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Hatfield, Mark O. [R-OR] | OR | R | H000343 | 0 | Simpliform Tax Act - Amends the Internal Revenue Code to revise the income tax rates into a single rate schedule for all individual taxpayers. Provides for cost-of-living adjustments to such tax rates. Provides that State community property laws shall not apply to the income of married individuals for income tax purposes. Defines "taxable income" for purposes of this Act. Allows an individual income tax credit of $250 (adjusted for inflation) for a taxpayer and dependents in lieu of the personal tax exemption. Repeals specified income tax credits, deductions and exclusions. Restricts certain income tax credits and deductions to corporate taxpayers. Increases the amount of social security and tier one railroad retirement benefits includible in gross income. Includes in gross income the following items of income: (1) prizes and awards; (2) welfare payments; (3) a certain percentage of railroad retirement benefits (other than tier one benefits); (4) unemployment compensation; (5) the increase in the cash surrender value of life insurance policies; and (6) the cost of group-term life insurance purchased for employees. Limits the income tax exclusion for veterans' benefits. Disallows an income tax deduction for entertainment, amusement, or recreation expenses. Allows an income tax credit for the following items of expense: (1) medical expenses; (2) interest paid with respect to a principal residence; (3) charitable contributions made by individual taxpayers; and (4) local taxes. Specifies dollar and percentage limitations for such credits. Provides for cost-of-living adjustments to the basis of property for purposes of determining gain or loss on such property. Revises withholding of income tax requirements. Defines "section 11 corporation" to exclude S corporations and personal holding corporations. Repeals the requirement that married couples file a joint tax return. Sets forth rules for the allocation of items of income and expense between spouses. Directs the Secretary of the Treasury to conduct a study of th… | 2025-08-29T17:41:45Z | https://www.congress.gov/bill/98th-congress/senate-bill/2158 |
| 98-s-2162 | 98 | s | 2162 | Employee Stock Ownership Assistance Act | Taxation | 1983-11-18 | 1983-12-02 | Committee on Finance requested executive comment from OMB, Treasury Department, Labor Department. | Senate | Sen. Symms, Steven D. [R-ID] | ID | R | S001138 | 0 | Employee Stock Ownership Assistance Act - Title I: Sets forth the short-title of this Act and specifies that all amendments made by this Act shall be considered as amendments to the Internal Revenue Code. Title II: Amends the Internal Revenue Code to allow an income tax deferral in the case of a transfer to an individual of stock in a corporation pursuant to an employee stock option, if both the corporation and the individual elect. Allows such a deferral until such time as a disposition of such stock occurs. | 2025-08-29T17:37:41Z | https://www.congress.gov/bill/98th-congress/senate-bill/2162 |
| 98-s-2165 | 98 | s | 2165 | High Technology Research and Scientific Education Act of 1983 | Taxation | 1983-11-18 | 1984-02-24 | Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 98-843. | Senate | Sen. Danforth, John C. [R-MO] | MO | R | D000030 | 19 | High Technology Research and Scientific Education Act of 1983 - Title I: The Credit for Increasing Research Activities; ACRS for R&D Equipment - Amends the Internal Revenue Code to make permanent the tax credit for research and development (R&D) expenditures. Modifies the definition of qualified research for purposes of the R&D credit to narrow the category of eligible activities for which the credit is allowable. Makes depreciation of research equipment eligible for the R&D credit. Eliminates the special three-year accelerated cost recovery system (ACRS) category for research equipment. Increases contract research expenses eligible for R&D credit purposes to 75 percent of the amount paid to others for research on the taxpayer's behalf. Provides that in-house and contract research expenses paid or incurred by a regular corporation will constitute qualified research expenses for R&D credit purposes. Provides that in the case of research being conducted in partnership form, the "in carrying on" test is applied at the partnership level, and the credit is apportioned among the partners in accordance with general partnership rules. Title II: Promotion of University Research and Scientific Education - Establishes a new income tax credit equal to 25 percent of payments to universities for basic research which exceed a fixed, maintenance-of-effort floor. Calculates the maintenance-of-effort floor as the greater of the annual average of university basic research payments over 1982-1983 or one percent of the average annual R&D budget over 1981-1983. Treats the portion of the university basic research payments which is not in excess of the maintenance-of-effort floor as contract research expenses eligible for purposes of computing the regular incremental R&D credit. Allows corporations an income tax deduction for contributions of scientific and technical property or services to an institution of higher education. Defines scientific property to mean computer software or other equipment used in a trade or business, w… | 2025-08-29T17:40:03Z | https://www.congress.gov/bill/98th-congress/senate-bill/2165 |
| 98-s-2169 | 98 | s | 2169 | A bill to create permanent rules for reforming instruments governing charitable bequests. | Taxation | 1983-11-18 | 1983-12-01 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Thurmond, Strom [R-SC] | SC | R | T000254 | 0 | Amends the Internal Revenue Code to provide a permanent rule for the reformation of charitable split interest instruments for purposes of meeting the requirement for the tax deduction for gifts of split interests to charity. Requires that the charitable and noncharitable interests in the split interest trust generally remain the same before and after the reformation. Treats the premature death of an income beneficiary of a charitable remainder trust as the equivalent of a reformation. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2169 |
| 98-s-2180 | 98 | s | 2180 | A bill to amend the Internal Revenue Code of 1954 to provide a 20 percent investment tax credit for certain soil or water conservation expenditures. | Taxation | 1983-11-18 | 1984-03-05 | Subcommittee on Oversight of the IRS. Hearings held. Hearings printed: S.Hrg. 98-850. | Senate | Sen. Grassley, Chuck [R-IA] | IA | R | G000386 | 6 | Amends the Internal Revenue Code to provide an additional ten percent investment tax credit for expenditures for soil or water conservation property. Defines "soil or water conservation property" as certain irrigation equipment (the use of which is certified by the Soil Conservation Service) or the portion of the basis of qualified land which is attributable to specified conservation improvements made by the taxpayer. Treats a taxpayer who has paid or incurred an assessment with respect to property used by a soil or water conservation or drainage district as having acquired a portion of such property. Provides that soil or water conservation property shall cease to be qualified for the investment tax credit provided by this Act if the taxpayer discontinues the business of farming within five years after the date on which the property was placed in service. Provides that the amount of the deduction allowed under the accelerated cost recovery system for irrigation property qualified under this Act shall be determined according to a straight-line method of depreciation. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2180 |
| 98-s-2185 | 98 | s | 2185 | Job Opportunity Act of 1983 | Taxation | 1983-11-18 | 1984-03-02 | Subcommittee on Economic Growth& Revenue Sharing. Hearings held. Hearings printed: S.Hrg. 98-833. | Senate | Sen. Heinz, John [R-PA] | PA | R | H000456 | 37 | Job Opportunity Act of 1983 - Amends the Internal Revenue Code to extend the expiration date for the targeted jobs tax credit from December 31, 1984, to December 31, 1989. | 2025-08-29T17:37:56Z | https://www.congress.gov/bill/98th-congress/senate-bill/2185 |
| 98-s-2105 | 98 | s | 2105 | World Peace Tax Fund Act | Taxation | 1983-11-17 | 1983-11-29 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Hatfield, Mark O. [R-OR] | OR | R | H000343 | 2 | World Peace Tax Fund Act - Amends the Internal Revenue Code to permit conscientious objectors to designate their income, estate, or gift tax payments for nonmilitary purposes. Establishes within the Treasury a World Peace Tax Fund to receive such tax payments. Defines a conscientious objector as an individual who is opposed to war in any form and who has been exempted from combat training in the Armed Forces under the Military Selective Service Act, or who satisfactorily demonstrates that he is conscientiously opposed to war in any form. Requires tax forms to contain a checkoff for taxpayers who wish to claim conscientious objector status and designate their tax payments for the World Peace Tax Fund. Permits the setting aside of criminal or civil penalties imposed upon a taxpayer for nonpayment of tax prior to 1979 if the taxpayer pays the tax and satisfactorily establishes that the nonpayment was due to his religious beliefs. Directs the Comptroller General to determine the percentage of actual appropriations made by the United States from the Federal budget during the preceding fiscal year for military purposes. Requires the publication of such information in the Congressional Record. Establishes a World Peace Tax Fund Board of Trustees. Sets forth the membership structure and duties of the Board. Authorizes appropriations. | 2025-08-29T17:39:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2105 |
| 98-s-2123 | 98 | s | 2123 | A bill to promote voluntary contributions. | Taxation | 1983-11-17 | 1983-11-22 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 0 | Amends the Internal Revenue Code to increase from 50 to 75 percent of adjusted gross income the ceiling on the income tax deduction for charitable contributions. Extends from five to 15 years the carryover period for unused charitable contribution deductions. Limits the amount of the charitable deduction for certain capital gain property held less than five years to the adjusted basis of such property. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2123 |
| 98-s-2128 | 98 | s | 2128 | Employee Stock Ownership Act of 1983 | Taxation | 1983-11-17 | 1983-11-29 | Committee on Finance requested executive comment from OMB, Treasury Department, Labor Department. | Senate | Sen. Long, Russell B. [D-LA] | LA | D | L000428 | 48 | Employee Stock Ownership Act of 1983 - Amends the Internal Revenue Code to provide for the nonrecognition of gain on stock sold to: (1) an employee stock ownership plan; (2) a tax credit employee stock ownership plan; or (3) an eligible worker-owned cooperative, if within a specified period of time qualified replacement property is purchased by the taxpayer. Defines "qualified replacement property" as any security issued by a domestic corporation: (1) which does not have passive investment income in excess of a specified limitation; and (2) the equity capital of which does not exceed $10,000,000. Allows an income tax deduction for cash dividends paid with respect to employer stock which is held by a tax credit employee stock ownership plan or an employee stock ownership plan which is a stock bonus plan. Extends the partial exclusion for dividends received to such amounts. Excludes from gross income 50 percent of interest received by a bank, an insurance company, or other lender on loans used by an employee stock ownership plan to acquire employer securities. Provides for a reduction in the capital gains tax with respect to sales of stock in employee-owned corporations. Sets forth special rules for the calculation of such reduction. Relieves an estate of liability for payment of the estate tax to the extent that amounts of the tax are attributable to employer securities transferred to an employee stock ownership plan pursuant to a written agreement guaranteeing that the tax will be paid by the plan in an amount equal to the lesser of: (1) the amount of the tax imposed upon the acquired employer securities; or (2) the amount of the tax imposed on the gross estate reduced by the sum of allowable credits. Permits the payment of such tax in installments. Exempts such transfers from the tax on prohibited transactions. Treats as charitable contributions certain contributions to an employee stock ownership plan. Specifies a qualification test for contributions to receive such treatment. Allows certain small business… | 2025-08-29T17:40:00Z | https://www.congress.gov/bill/98th-congress/senate-bill/2128 |
| 98-s-2097 | 98 | s | 2097 | A bill to amend the Internal Revenue Code of 1954 to reduce the deduction for business meals and to earmark the savings from such reduction for the school lunch programs. | Taxation | 1983-11-15 | 1983-11-22 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Hart, Gary W. [D-CO] | CO | D | H000287 | 0 | Amends the Internal Revenue Code to reduce the income tax deduction for business meals by 30 percent. Establishes a "National School Lunch Trust Fund" in the Treasury. Funds the Trust with the amount saved by reducing the business meal deduction. Finances programs established under the National School Lunch Act and the Child Nutrition Act of 1966 with funds appropriated from the National School Lunch Trust Fund. | 2021-06-29T22:14:31Z | https://www.congress.gov/bill/98th-congress/senate-bill/2097 |
| 98-s-2083 | 98 | s | 2083 | A bill to amend the Internal Revenue Code of 1954 to exempt from Federal income taxes members of the Armed Forces of the United States who die as a result of hostile action. | Taxation | 1983-11-11 | 1984-04-10 | See H.R. 4206. | Senate | Sen. Armstrong, William L. [R-CO] | CO | R | A000219 | 21 | Amends the Internal Revenue Code to exempt from Federal income taxes members of the armed forces or civilian employees of the United States who die as a result of hostile action outside the United States. | 2021-06-29T22:14:27Z | https://www.congress.gov/bill/98th-congress/senate-bill/2083 |
| 98-s-2088 | 98 | s | 2088 | A bill to clarify the taxation of cooperative apartments. | Taxation | 1983-11-11 | 1983-11-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 0 | Amends the Internal Revenue Code to treat any legal entity which holds stock in a cooperative housing corporation as a tenant-stockholder (present law restricts such treatment to individuals). Requires a person who acquires stock in a cooperative housing corporation by operation of law (e.g., bankruptcy or inheritance) or an original seller to the corporation to obtain prior permission from the corporation to occupy the dwelling unit associated with the stock. Entitles the cooperative housing corporation to approve changes in occupancy where legal entities other than individuals own stock in the corporation. Allows a tenant-stockholder to carryover unused depreciation deductions in excess of basis to taxable years in which sufficient basis exists. Prohibits a tenant-stockholder from deducting a payment to a cooperative housing corporation which is used by the corporation for capital purposes (i.e., major improvements). Permits a tenant-stockholder to add such payments to the basis in his stock in the corporation. | 2021-06-29T22:14:29Z | https://www.congress.gov/bill/98th-congress/senate-bill/2088 |
| 98-s-2089 | 98 | s | 2089 | A bill to extend section 167 (k) of the Internal Revenue Code for ten years. | Taxation | 1983-11-11 | 1983-11-16 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Moynihan, Daniel Patrick [D-NY] | NY | D | M001054 | 2 | Amends the Internal Revenue Code to extend until January 1, 1994, the rules relating to depreciation of expenditures to rehabilitate low-income rental housing. | 2021-06-29T22:14:29Z | https://www.congress.gov/bill/98th-congress/senate-bill/2089 |
| 98-s-2080 | 98 | s | 2080 | A bill to make permanent a tax provision to encourage employers to provide legal services for their employees. | Taxation | 1983-11-10 | 1984-03-16 | Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 98-836. | Senate | Sen. Packwood, Bob [R-OR] | OR | R | P000009 | 4 | Amends the Internal Revenue Code to make permanent the exclusion from the gross income of employees for amounts paid by the employer to provide legal services. | 2025-01-03T20:56:15Z | https://www.congress.gov/bill/98th-congress/senate-bill/2080 |
| 98-s-2070 | 98 | s | 2070 | A bill to amend certain provisions of the Internal Revenue Code of 1954 relating to the reporting of tips in the case of certain food and beverage establishments. | Taxation | 1983-11-08 | 1983-11-10 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Heflin, Howell [D-AL] | AL | D | H000445 | 1 | Amends the Internal Revenue Code to provide for the reporting of tips by large food or beverage establishments in lieu of allocation requirements if reported tips do not equal eight percent of gross receipts. Allows for a reduction of such percentage under certain circumstances. | 2021-06-29T22:14:23Z | https://www.congress.gov/bill/98th-congress/senate-bill/2070 |
| 98-s-2060 | 98 | s | 2060 | A bill to prvide that, in the case of any individual who dies while in active service as a member of the Armed Sevices as a result of disease, wounds, or injury incurred as a result of a hostile action outside the United States, any Federal income tax liability of such person with respect to the year of such persons death shall not apply. | Taxation | 1983-11-04 | 1984-04-10 | See H.R. 4206. | Senate | Sen. Jepsen, Roger W. [R-IA] | IA | R | J000101 | 0 | Amends the Internal Revenue Code to exempt from Federal income taxes members of the armed forces who die as a result of hostile action outside the United States. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2060 |
| 98-s-2046 | 98 | s | 2046 | Condominium Cost Reduction Act of 1983 | Taxation | 1983-11-03 | 1983-11-08 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Tower, John G. [R-TX] | TX | R | T000322 | 2 | Condominium Cost Reduction Act of 1983 - Amends the Internal Revenue Code to permit the owner of residential rental property to elect to treat the gain from the conversion of such property into condominium units as capital gain. Limits such treatment to owners of structures which were used in the trade or business of the owner for five years prior to conversion. Treats any gain from the sale of such units as ordinary income to the extent that such gain exceeds the allocable capital gain amount. | 2025-08-29T17:40:14Z | https://www.congress.gov/bill/98th-congress/senate-bill/2046 |
| 98-s-2034 | 98 | s | 2034 | A bill to require the Secretary of the Treasury to study and report to the Congress on the unitary method of taxation. | Taxation | 1983-11-01 | 1983-11-01 | Read twice and referred to the Committee on Finance. | Senate | Sen. Hawkins, Paula [R-FL] | FL | R | H000374 | 0 | Requires the Secretary of the Treasury to analyze the unitary method of taxation, as applied to worldwide income and report the findings and recommendations to the House Ways and Means Committee and the Senate Finance Committee. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2034 |
| 98-s-2037 | 98 | s | 2037 | A bill to amend the Internal Revenue Code of 1954 to remove the maximum limitation on the deduction for nonbusiness casualty losses. | Taxation | 1983-11-01 | 1983-11-03 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Hatch, Orrin G. [R-UT] | UT | R | H000338 | 0 | Amends the Internal Revenue Code to eliminate the percentage limitation on the income tax deduction for nonbusiness casualty losses enacted by the Tax Equity and Fiscal Responsibility Act of 1982. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/2037 |
| 98-s-2017 | 98 | s | 2017 | A bill to amend the Internal Revenue Code of 1954 with respect to deductions for the payment of certain expenses by ministers and members of the uniformed services who receive subsistence and housing allowances. | Taxation | 1983-10-27 | 1984-09-26 | Subcommittee on Taxation and Debt Management. Hearings held. Hearings printed: S.Hrg. 98-1192. | Senate | Sen. Helms, Jesse [R-NC] | NC | R | H000463 | 5 | Amends the Internal Revenue Code to allow members of the clergy and members of the uniformed services to deduct expenses related to tax-exempt housing allowances and subsistence allowances. | 2025-01-03T20:56:15Z | https://www.congress.gov/bill/98th-congress/senate-bill/2017 |
| 98-s-2020 | 98 | s | 2020 | A bill to amend the Internal Revenue Code of 1954 to permit certain retroactive elections to relinquish the carryback period for net operating losses. | Taxation | 1983-10-27 | 1983-11-01 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Riegle, Donald W., Jr. [D-MI] | MI | D | R000249 | 1 | Amends the Internal Revenue Code to allow taxpayers to make a one-time election to forego the carryback of net operating losses incurred in taxable years ending after December 31, 1975, and for which tax returns were filed before August 14, 1981. | 2021-06-29T22:14:06Z | https://www.congress.gov/bill/98th-congress/senate-bill/2020 |
| 98-s-1992 | 98 | s | 1992 | Life Insurance Tax Act of 1983 | Taxation | 1983-10-25 | 1984-01-31 | Committee on Finance. Hearings held. Hearings printed: S.Hrg. 98-790. | Senate | Sen. Bentsen, Lloyd M. [D-TX] | TX | D | B000401 | 42 | Life Insurance Tax Act of 1983 - Title I: Life Insurance Provisions - Subtitle A: Taxation of Life Insurance Companies - Amends the Internal Revenue Code to set the rate of tax on a life insurance company at the corporate rate on its life insurance company taxable income (LICTI). Sets forth an alternative tax in the case of capital gains. Defines life insurance company taxable income as life insurance gross income reduced by life insurance deductions. Defines life insurance gross income as the sum of: (1) premiums; (2) decreases in certain reserves; and (3) other amounts generally includible by a taxpayer in gross income. Allows three types of deductions: (1) general life insurance deductions; (2) the special life insurance deduction; and (3) the small life insurance company deduction. Sets forth definitions and special rules for each type of deduction. Sets forth rules for the calculation of net increases and decreases in reserves. Requires life insurance companies to use either the accrual method of accounting or a method permitted under regulations which combines an accrual method with another recognized method. Sets forth rules for the amortization of premiums and accrual of discount. Sets forth rules for the computation of a company's share and the policyholders' share of investment income. Sets forth rules for the tax treatment of foreign life insurance companies. Requires an adjustment to LICTI where a required surplus held in the United States is less than a specified amount. Sets forth rules for the tax treatment of contiguous country branches of domestic life insurance companies. Provides that life insurance company taxable income which has an existing policyholders surplus account shall be increased by any direct or indirect distribution to shareholders from such account. Defines "life insurance company" as an insurance company which is engaged in the business of issuing life insurance and annuity contracts or noncancellable contracts of health and life insurance if its life insurance reserves… | 2025-08-29T17:38:00Z | https://www.congress.gov/bill/98th-congress/senate-bill/1992 |
| 98-s-1996 | 98 | s | 1996 | A bill to amend the Internal Revenue Code of 1954 to exempt certain sewage and solid waste disposal facilities that provide energy from the limitation on small bond issues. | Taxation | 1983-10-25 | 1983-10-27 | Committee on Finance requested executive comment from OMB, Treasury Department, Energy Department. | Senate | Sen. Boschwitz, Rudy [R-MN] | MN | R | B000647 | 1 | Amends the Internal Revenue Code to disregard capital expenditures made to construct sewage or solid waste disposal facilities or facilities for the furnishing of electric energy or gas in computing the ten million dollar limitation on tax-exempt (interest excluded from gross income) small issues of industrial development bonds. | 2021-06-29T22:13:58Z | https://www.congress.gov/bill/98th-congress/senate-bill/1996 |
| 98-s-1985 | 98 | s | 1985 | A bill to amend the Internal Revenue Code of 1954 to make certain sales of fuel for use in a taxicab exempt from tax, to make permanent the provision for refund of taxes on the sale of fuel for use in a taxicab, and for other purposes. | Taxation | 1983-10-20 | 1983-10-25 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Matsunaga, Spark M. [D-HI] | HI | D | M000250 | 1 | Amends the Internal Revenue Code to exempt from the excise taxes on gasoline and diesel and special motor fuels any such fuels sold for use in a taxicab. Makes permanent existing provisions for the refund of taxes paid on the sale of fuel for taxicabs. (Present law terminates such provisions after September 30, 1984.) | 2021-06-29T22:13:55Z | https://www.congress.gov/bill/98th-congress/senate-bill/1985 |
| 98-s-1969 | 98 | s | 1969 | A bill to provide for the designation on income tax forms of contributions to retire the public debt. | Taxation | 1983-10-19 | 1983-10-24 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. DeConcini, Dennis [D-AZ] | AZ | D | D000185 | 0 | Permits taxpayers to indicate on their income tax returns contributions of one dollar or more for the purpose of retiring the public debt. | 2021-06-29T22:13:51Z | https://www.congress.gov/bill/98th-congress/senate-bill/1969 |
| 98-s-1950 | 98 | s | 1950 | A bill to amend the Internal Revenue Code of 1954 to increase the annual contribution limit for individual retirement accounts from $2,000 to $3,000 and to make such accounts more equitable in the case of lesser earning and nonworking spouses. | Taxation | 1983-10-07 | 1983-10-14 | Committee on Finance requested executive comment from OMB, Treasury Department. | Senate | Sen. Mattingly, Mack [R-GA] | GA | R | M000257 | 6 | Amends the Internal Revenue Code to increase the income tax deduction for contributions to individual retirement accounts from $2,000 to $3,000. Allows the maximum deduction for non-working spouses. | 2025-01-03T19:04:17Z | https://www.congress.gov/bill/98th-congress/senate-bill/1950 |
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CREATE TABLE legislation (
bill_id TEXT PRIMARY KEY,
congress INTEGER,
bill_type TEXT,
bill_number INTEGER,
title TEXT,
policy_area TEXT,
introduced_date TEXT,
latest_action_date TEXT,
latest_action_text TEXT,
origin_chamber TEXT,
sponsor_name TEXT,
sponsor_state TEXT,
sponsor_party TEXT,
sponsor_bioguide_id TEXT,
cosponsor_count INTEGER DEFAULT 0,
summary_text TEXT,
update_date TEXT,
url TEXT
);
CREATE INDEX idx_leg_congress ON legislation(congress);
CREATE INDEX idx_leg_type ON legislation(bill_type);
CREATE INDEX idx_leg_policy ON legislation(policy_area);
CREATE INDEX idx_leg_date ON legislation(introduced_date);
CREATE INDEX idx_leg_sponsor ON legislation(sponsor_name);
CREATE INDEX idx_leg_sponsor_bioguide ON legislation(sponsor_bioguide_id);