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United States · Bill · HR

H.R. 965 (97th)

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the interest and dividends on deposits in savings institutions.

openUnited States· United States Congress· EN

Introduced

20 January 1981

Last action

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Status

See H.R.4242.

Sponsors

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Subjects

Discovery layer

Source updated

7 February 2024

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Summary

Amends the Internal Revenue Code to exclude from gross income up to $1,000 ($1,800 for joint returns) of the interest earned on savings accounts in banks, savings and loan associations, or credit unions.

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Documents

1 official file

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Sources

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