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United States · Bill · HR

H.R. 3258 (97th)

A bill to amend the Internal Revenue Code of 1954 to provide individuals a limited exclusion from gross income for interest on deposits in certain savings institutions.

openUnited States· United States Congress· EN

Introduced

27 April 1981

Last action

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Status

See H.R.4242.

Sponsors

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Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to exclude from gross income up to $1,250 ($2,500 for joint returns) of the interest earned on a savings account.

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Documents

1 official file

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