Provides, under the Internal Revenue Code of 1954 that penalties incurred on account of premature withdrawal of funds from time savings accounts shall be allowed as a deduction from gross income in computing adjusted gross income.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Llama 3.2 · runs locally in your browser
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line