United States · Bill · S
S. 3000 (96th)
Savings and Investment Incentive Act of 1980
Introduced
31 July 1980
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
2 September 2025
Summary
Savings and Investment Incentive Act of 1980 - Amends the Internal Revenue Code with respect to the partial exclusion from gross income of interest and dividends received by individuals to increase the exclusion by specified increments over five years to: (1) $200 ($400 for a joint return); plus (2), by January 1, 1985, 25 percent of the excess over $200 (or $400) of interest and dividends as does not itself exceed $50,000.
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 31 July 1980
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/96th-congress/senate-bill/3000
- Open data entity: https://api.congress.gov/v3/bill/96/s/3000