PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 3651 (97th)

A bill to exclude from gross income the first $1,000 of interest received from savings account deposits in home lending institutions.

openUnited States· United States Congress· EN

Introduced

20 May 1981

Last action

Status

See H.R.4242.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to exclude from gross income up to $1,000 of the interest or dividends earned on savings accounts in institutions at least 75 percent of whose assets are invested in specified domestic building and loan association assets and in loans secured by an interest in real property which is primarily residential real property.

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.