A bill to amend the Internal Revenue Code of 1954 to provide for the exclusion from taxation of interest earned on deposits which are used for residential mortgage lending purposes.

Introduced

22 January 1981

Last action

22 January 1981 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Archer, Bill [R-TX-7], Rep. Lowery, Bill [R-CA-41], Rep. Blanchard, James [D-MI-18], Rep. Rousselot, John H. [R-CA-26], Rep. Atkinson, Eugene V. [D-PA-25], Rep. Spence, Floyd [R-SC-2], Rep. Winn, Larry, Jr. [R-KS-3], Rep. Pritchard, Joel [R-WA-1], Rep. Robinson, J. Kenneth [R-VA-7], Rep. Broomfield, William S. [R-MI-18], Rep. Roberts, Clint [R-SD-2], Rep. Walgren, Doug [D-PA-18], Rep. Patterson, Jerry M. [D-CA-38], Sen. Shelby, Richard C. [R-AL], Rep. Chappie, Eugene A. [R-CA-2], Rep. Marlenee, Ron [R-MT-2], Rep. Kramer, Ken [R-CO-5], Rep. Whitehurst, G. William [R-VA-2], Rep. Rudd, Eldon D. [R-AZ-4], Rep. Barnes, Michael D. [D-MD-8], Rep. Vander Jagt, Guy [R-MI-9], Rep. Lent, Norman F. [R-NY-4], Rep. Peyser, Peter A. [D-NY-23], Rep. Nowak, Henry [D-NY-33], Rep. Bailey, Donald A. [D-PA-21], Rep. Lloyd, Marilyn [D-TN-3], Rep. Kogovsek, Ray [D-CO-3], Rep. Edwards, Mickey [R-OK-5], Rep. Howard, James J. [D-NJ-3], Rep. Forsythe, Edwin B. [R-NJ-6], Rep. Hance, Kent R. [D-TX-19], Rep. Kindness, Thomas N. [R-OH-8], Rep. Wilson, Charles [D-TX-2], Rep. Stangeland, Arlan [R-MN-7], Rep. Gingrich, Newt [R-GA-6], Rep. Young, Don [R-AK-At Large], Rep. Rahall, Nick J., II [D-WV-3], Rep. Murphy, Austin J. [D-PA-20], Sen. Gregg, Judd [R-NH], Rep. Luken, Thomas A. [D-OH-1], Rep. Neal, Stephen L. [D-NC-5], Rep. Broyhill, James T. [R-NC-10], Rep. Anthony, Beryl, Jr. [D-AR-4], Rep. McDade, Joseph M. [R-PA-10], Rep. Campbell, Carroll A., Jr. [R-SC-4], Rep. Clinger, William F., Jr. [R-PA-5], Sen. Daschle, Thomas A. [D-SD], Rep. Pickle, J. J. [D-TX-10]

Subjects

Taxation

Source updated

7 February 2024