H.R.2214 - Debt Elimination By Tax-Deductible Contribution Act of 2011

To amend the Internal Revenue Code of 1986 to provide for a designation of tax overpayments to reduce the public debt, and for other purposes. view all titles (3)

All Bill Titles

  • Official: To amend the Internal Revenue Code of 1986 to provide for a designation of tax overpayments to reduce the public debt, and for other purposes. as introduced.
  • Short: Debt Elimination By Tax-Deductible Contribution Act of 2011 as introduced.
  • Official: Debt Elimination By Tax-Deductible Contribution Act of 2011 as introduced.

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Introduced
 
House
Passes
 
Senate
Passes
 
President
Signs
 

 
06/16/11
 
 
 
 
 
 
 

Sponsor

Representative

Steve Stivers

R-OH

View Co-Sponsors (111)

Official Summary

Debt Elimination By Tax-Deductible Contribution Act of 2011 - Amends the Internal Revenue Code to allow taxpayers to designate a specified portion  (not less than $1) of their income tax liability for deposit in the general fund of the Treasury to reduce the public debt.  Allows any such gi

Official Summary

Debt Elimination By Tax-Deductible Contribution Act of 2011 - Amends the Internal Revenue Code to allow taxpayers to designate a specified portion  (not less than $1) of their income tax liability for deposit in the general fund of the Treasury to reduce the public debt.  Allows any such gift to the United States for reduction of the public debt to be treated as a tax deductible charitable contribution.

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