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.

referredUnited States· United States Congress· EN

Introduced

18 June 1981

Last action

—

Status

Referred to House Committee on Ways and Means.

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).

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Documents

1 official file

Introduced in House
summary · EN · 18 June 1981
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/house-bill/3968
Open data entity: https://api.congress.gov/v3/bill/97/hr/3968