A bill to amend the Internal Revenue Code of 1954 to allow a credit against the tax imposed on interest on savings.

Summary

Allows an income tax credit under the Internal Revenue Code of an amount equal to the interest on savings received during the taxable year . Limits such tax credit to $150.

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

Timeline

1. 19 September 1974

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 19 September 1974

   Introduced

   Introduced in House

   Source: IntroReferral

3. 19 September 1974

   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 · 19 September 1974

  Open at official source

Sponsors

• Rep. McKinney, Stewart B. [R-CT-4] · R · Sponsor
• · hswm00 · Standing

Related records

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