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United States · Bill · HR

H.R. 4632 (98th)

A bill to amend the Internal Revenue Code of 1954 to exclude interest and dividends from gross income earned by individuals.

referredUnited States· United States Congress· EN

Introduced

24 January 1984

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to exclude from gross income all interest and dividend income received during the taxable year by an individual. Repeals provisions of the Economic Recovery Tax Act of 1981 which provide an increased exclusion of interest income in 1985.

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Votes

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Versions

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Documents

1 official file

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Sources

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