A bill to amend the Internal Revenue Code of 1954 to delay the inclusion in gross income of interest on certain deposits which are subject to withdrawal restrictions by reason of the bankruptcy or insolvency of the financial institution or of a State requirement related to such a bankruptcy or insolvency.

referredUnited States· United States Congress· EN

Introduced

22 January 1986

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to delay the inclusion in gross income of interest on certain financial institution deposits which are subject to withdrawal restrictions by reason of the bankruptcy or insolvency of the financial institution or of a State requirement related to such bankruptcy or insolvency.

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Documents

1 official file

Introduced in House
summary · EN · 22 January 1986
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/99th-congress/house-bill/4031
Open data entity: https://api.congress.gov/v3/bill/99/hr/4031