a bill to amend title XVI of the Social Security Act to provide that interest on savings accounts (and other amounts similarly paid on deposits in financial institutions), if less than $60 in a calendar quarter, shall be excluded in determining an individual's income for eligibility and benefit purposes under the SSI program.

Summary

Amends title XVI (Supplemental Security Income) of the Social Security Act to exclude interest on savings accounts, if less than $60 in a calendar quarter, from an individual's income for purposes of determining such individual's benefits or eligibility for benefits under such title.

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

Timeline

1. 5 September 1979

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 5 September 1979

   Introduced

   Introduced in House

   Source: IntroReferral

3. 5 September 1979

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

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Versions

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Documents

1 official file

• Introduced in House

  summary · EN · 5 September 1979

  Open at official source

Sponsors

• Rep. Tauke, Thomas Joseph [R-IA-2] · R · Sponsor
• · hswm00 · Standing

Related records

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