United States · Bill · S
S. 1642 (97th)
Small Savers Incentive Act
Introduced
18 September 1981
Last action
22 September 1981 · Committee
Status
Committee on Finance requested executive comment from OMB; Treasury Department.
Sponsors
Sen. Heinz, John [R-PA], Sen. D'Amato, Alfonse [R-NY]
Subjects
Taxation
Source updated
29 August 2025
Summary
Small Savers Incentive Act - Amends the Internal Revenue Code, as amended by the Economic Recovery Tax Act of 1981, to exclude $200 ($400 for joint returns) of annual interest income from gross income in taxable years beginning after 1982 and ending before 1985.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
18 September 1981
Introduced
Read second time and referred to Senate Committee on Finance.
Source: IntroReferral
18 September 1981
Introduced
Introduced in Senate
Source: IntroReferral
22 September 1981
Committee
Committee on Finance requested executive comment from OMB; Treasury Department.
Source: Committee
Votes
No vote records are attached yet.
Versions
No version snapshots stored. Document URLs remain at the source.
Documents
1 official file
Introduced in Senate
summary · EN · 18 September 1981
Sponsors
- Sen. Heinz, John [R-PA] · R · Sponsor
- Sen. D'Amato, Alfonse [R-NY] · R · Sponsor
- · ssfi00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/97th-congress/senate-bill/1642
- Open data entity: https://api.congress.gov/v3/bill/97/s/1642
- us · 97-s-1642 · source updated 29 August 2025