A bill to amend the Internal Revenue Code of 1954 to provide that the investment yield on the tax-exempt All Savers Certificates shall be increased from 70 to 85 percent of the average investment yield for United States Treasury bills of maturities of 52 weeks.

Summary

Amends the Internal Revenue Code to increase the investment yield requirement on tax-exempt all savers certificates from 70 to 85 percent of the average investment yield for Treasury bills with 52-week maturities.

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

Timeline

1. 14 October 1981

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 14 October 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 October 1981

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 14 October 1981

  Open at official source

Sponsors

• F. SENSENBRENNER · R · Sponsor
• Rep. Wilson, Charles [D-TX-2] · D · Sponsor
• · hswm00 · Standing

Related records

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