A bill to amend the Internal Revenue Code of 1954 to exclude from gross income certain savings bonds received by an employee as a service award, and for other purposes.

Summary

Amends the Internal Revenue Code to exclude from gross income, for income tax and social security tax purposes, U.S. savings bonds received by an employee in recognition of achievement. Limits the exclusion to $250 ($500 in the case of a joint return filed by married individuals).

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

Timeline

1. 18 June 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 18 June 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 18 June 1981

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 18 June 1981

  Open at official source

Sponsors

• Rep. Mitchell, Parren J. [D-MD-7] · D · Sponsor
• · hswm00 · Standing

Related records

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