PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 16884 (93rd)

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the interest on deposits in certain savings institutions.

referredUnited States· United States Congress· EN

Introduced

25 September 1974

Last action

Status

Referred to House Committee on Education and Labor.

Sponsors

Subjects

Discovery layer

Source updated

21 July 2025

Summary

Excludes from gross income, under the Internal Revenue Code, the interest on deposits in qualified savings institutions and credit unions. Limits such tax exclusion to $400 for an individual during a calendar year.

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

Timeline

No timeline events have been ingested for this record yet.

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Sponsors

No sponsors or actors listed by the source.

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.