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United States · Bill · S

S. 286 (93rd)

A bill to exclude from gross income the first $250 of interest received on deposits in thrift institutions.

referredUnited States· United States Congress· EN

Introduced

11 January 1973

Last action

Status

Referred to Senate Committee on Finance.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Excludes from gross income under the Internal Revenue Code of 1954 the first $250 of interest or dividends received by a taxpayer, or credited to the account of a taxpayer, on deposits or withdrawable accounts in a savings institution. (Amends 26 U.S.C. 123)

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Documents

1 official file

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Sources

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