United States · Bill · HR
H.R. 16680 (93rd)
A bill to amend the Internal Revenue Code of 1954 to provide a limited exclusion from gross income for interest on deposits in banks and certain other savings institutions.
Introduced
17 September 1974
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Allows an income tax exclusion under the Internal Revenue Code for interest on deposits in banks and other savings institutions, and credit unions. Limits such tax exclusion to $750 ($1500 if a joint return is filed).
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 17 September 1974
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/house-bill/16680
- Open data entity: https://api.congress.gov/v3/bill/93/hr/16680