A bill to amend the Internal Revenue Code of 1954 to provide individuals a limited exclusion from gross income for interest on deposits in certain savings institutions.

Summary

Excludes from gross income under the Internal Revenue Code amounts received as interest from deposits in savings and loan institutions up to $500 per year ($1000 in the case of a married couple filing a joint return).

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 17 January 1975

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 17 January 1975

   Introduced

   Introduced in House

   Source: IntroReferral

3. 17 January 1975

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 17 January 1975

  Open at official source

Sponsors

• Rep. Carney, Charles J. [D-OH-19] · D · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to provide individuals a limited exclusion from gross income for interest on deposits in certain savings institutions.