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United States · Bill · HR

H.R. 16994 (93rd)

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income $500 of interest on savings in the case of an individual taxpayer.

reportedUnited States· United States Congress· EN

Introduced

2 October 1974

Last action

26 November 1974 · Reported

Status

Reported to House from the Committee on Ways and Means, H. Rept. 93-1500.

Sponsors

Rep. Brotzman, Donald G. [R-CO-2], Rep. Clancy, Donald D. [R-OH-2], Rep. Mills, Wilbur D. [D-AR-2]

Subjects

Taxation

Source updated

1 August 2024

Taxation

Official sourceView documentsShare

Summary

Excludes from gross income, under the Internal Revenue Code, the first $500 of interest on deposits in savings institutions, banks, and credit unions.

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

Timeline

  1. 2 October 1974

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 2 October 1974

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 2 October 1974

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 26 November 1974

    Reported

    Reported to House from the Committee on Ways and Means, H. Rept. 93-1500.

    Source: Committee

  5. 26 November 1974

    Reported

    Reported to House from the Committee on Ways and Means, H. Rept. 93-1500.

    Source: Committee

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

Leesvertaling

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Sponsors

Related records

Showing 8 of 13 related records.

Sources

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