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United States · Bill · HR

H.R. 5281 (96th)

A bill to amend the Internal Revenue Code of 1954 to exempt interest on certain savings from Federal income tax.

referredUnited States· United States Congress· EN

Introduced

14 September 1979

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 up to $100 of the interest earned on savings accounts in financial institutions which are authorized to make residential home mortgage loans, home rehabilitation loans, home improvement loans, or home energy loans.

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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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