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United States · Bill · HR

H.R. 228 (110th)

Simple Savings Tax Relief Act of 2007

openUnited States· United States Congress· EN

Introduced

4 January 2007

Last action

Status

Sponsor introductory remarks on measure. (CR E22-23)

Sponsors

Subjects

Discovery layer

Source updated

14 August 2025

Summary

Simple Savings Tax Relief Act of 2007 - Amends the Internal Revenue Code to exclude from gross income up to $400 (twice such amount on a joint return) of interest income annually. Provides for an inflation adjustment to such exclusion amount beginning after 2008.

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Documents

3 official files

Introduced in House (text)

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Sources

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