A bill to repeal the withholding of tax from interest and dividends and to require statements to be filed by the taxpayer with respect to interest, dividends, and patronage dividends.

Summary

Amends the Tax Equity and Fiscal Responsibility Act of 1982 to repeal provisions which require the withholding of tax on interest and dividends. Requires persons paying or receiving interest payments of $10 or more a year to file an information return. Requires statements to be furnished to persons with respect to whom an information return is filed. Requires such statements to be included in the return of a person with respect to whom information is furnished regarding dividends and patronage dividends.

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

Timeline

1. 30 November 1982

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 30 November 1982

   Introduced

   Introduced in Senate

   Source: IntroReferral

3. 7 December 1982

   Committee

   Committee on Finance requested executive comment from OMB; Treasury Department.

   Source: Committee

Votes

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Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 30 November 1982

  Open at official source

Sponsors

• Sen. Kasten, Robert W., Jr. [R-WI] · R · Sponsor
• Sen. Heflin, Howell [D-AL] · D · Sponsor
• Sen. Proxmire, William [D-WI] · D · Sponsor
• Sen. Exon, J. James [D-NE] · D · Sponsor
• Sen. Ford, Wendell H. [D-KY] · D · Sponsor
• Sen. Helms, Jesse [R-NC] · R · Cosponsor
• Sen. Jepsen, Roger W. [R-IA] · R · Cosponsor
• Sen. Nickles, Don [R-OK] · R · Cosponsor
• Sen. DeConcini, Dennis [D-AZ] · D · Cosponsor
• Sen. Huddleston, Walter (Dee) [D-KY] · D · Cosponsor
• Sen. Mattingly, Mack [R-GA] · R · Cosponsor
• · ssfi00 · Standing

Related records

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