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H.R. 1336

BillFederalHouseIn Committee
Voluntary Debt Reduction Act of 2013
About This Bill
Committee
Latest Action · March 21, 2013
Referred to the House Committee on Ways and Means.
Congress
113th (2013–2015)
Introduced
March 21, 2013
Cosponsors (5)
1D 4R
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Summary

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Voluntary Debt Reduction Act of 2013 - Amends the Internal Revenue Code to allow taxpayers to donate an amount (not less than $1) or designate a portion of any overpayment of tax (not less than $1) to be donated, in addition to any tax owed, which shall be deposited in the general fund of the Treasury and transferred to an account used to reduce the public debt.  Requires such donation to be designated on a taxpayer's income tax return at the time such return is filed.

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