H.R. 10763 (95th): A bill to amend the Internal Revenue Code of 1954, Title 26 of the United States Code, to provide that taxpayers who itemize deductions may deduct from taxable income an amount equal to the amount of Social Security taxes paid during the taxable year, or, in lieu of such deduction, any taxpayer may claim a tax credit in the amount of fifteen percent (15%) of the amount of such Social Security taxes paid, whichever results in greater savings.

Introduced:

Feb 6, 1978
95th Congress, 1977–1978

Status:
Died in a previous Congress

This bill was introduced on February 6, 1978, in a previous session of Congress, but was not enacted.

Sponsor:

Robert Gammage

Representative for Texas's 22nd congressional district

Democrat

About the bill

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History

Feb 6, 1978
 
Introduced

This is the first step in the legislative process.

This page is about a bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

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Primary Source

Congress.gov

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