United States · Bill · HR
H.R. 1007 (94th)
Small Savers' Act
Introduced
14 January 1975
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Small Savers' Act - Excludes from gross income, under the Internal Revenue Code, amounts received as dividends or interest on deposits or withdrawable accounts in a domestic savings and loan association, bank, credit union, or similar thrift institution. Limits the exclusion allowed under this Act to $500 for any person for any taxable year.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 14 January 1975
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/94th-congress/house-bill/1007
- Open data entity: https://api.congress.gov/v3/bill/94/hr/1007