A bill to amend the Internal Revenue Code of 1954 to restore and make permanent the provision excluding from income interest and dividends of up to $200 for returns of single individuals and $400 for joint returns.

referredUnited States· United States Congress· EN

Introduced

14 October 1981

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Crude Oil Windfall Profit Tax Act of 1980 to repeal the termination date for the exclusion from gross income of a certain amount of interest and dividend income received by a taxpayer. Amends the Economic Recovery Tax Act of 1981 to restore the full dividend and interest exclusion.

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Documents

1 official file

Introduced in House
summary · EN · 14 October 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/4741
Open data entity: https://api.congress.gov/v3/bill/97/hr/4741