Check-Off for Our Children Act - Amends the Internal Revenue Code to allow individuals to designate on their income tax returns that a portion of any overpayment or any cash contribution shall be used to reduce the public debt. Directs the Secretary of the Treasury to transfer such amounts to the special account in the Treasury for the receipt of gifts. Requires annual reports to the Congress regarding such amounts.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
Sponsor introductory remarks on measure. (CR E822)
Committee Hearings Held.
Committee Hearings Held.
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