A bill to amend the Internal Revenue Code of 1954 to encourage greater individual savings.

Summary

Amends the Internal Revenue Code to exclude from gross income up to $500 of interest income earned from a savings account.

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

Timeline

1. 29 January 1979

   Introduced

   Introduced in Senate

   Source: IntroReferral

2. 29 January 1979

   Introduced

   Referred to Senate Committee on Finance.

   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 Senate

  summary · EN · 29 January 1979

  Open at official source

Sponsors

• Sen. Bentsen, Lloyd M. [D-TX] · D · Sponsor
• Sen. Tower, John G. [R-TX] · R · Cosponsor
• Sen. Zorinsky, Edward [D-NE] · D · Cosponsor
• Sen. Lugar, Richard G. [R-IN] · R · Cosponsor
• Sen. Ford, Wendell H. [D-KY] · D · Cosponsor
• Sen. DeConcini, Dennis [D-AZ] · D · Cosponsor
• Sen. Hollings, Ernest F. [D-SC] · D · Cosponsor
• Sen. Pressler, Larry [R-SD] · R · Cosponsor
• Sen. Schmitt, Harrison H. [R-NM] · R · Cosponsor
• Sen. Thurmond, Strom [R-SC] · R · Cosponsor
• Sen. Baucus, Max [D-MT] · D · Cosponsor
• Sen. Burdick, Quentin N. [D-ND] · D · Cosponsor
• Sen. Morgan, Robert B. [D-NC] · D · Cosponsor
• Sen. Young, Milton R. [R-ND] · R · Cosponsor
• Sen. Armstrong, William L. [R-CO] · R · Cosponsor
• Sen. Stone, Richard (Dick) [D-FL] · D · Cosponsor
• Sen. Garn, E. J. (Jake) [R-UT] · R · Cosponsor
• Sen. Boschwitz, Rudy [R-MN] · R · Cosponsor
• Sen. Matsunaga, Spark M. [D-HI] · D · Cosponsor
• Sen. Boren, David L. [D-OK] · D · Cosponsor
• Sen. Humphrey, Gordon J. [R-NH] · R · Cosponsor
• · ssfi00 · Standing

Related records

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