A bill to exclude from the gross income of individuals the interest on an amount of savings not in excess of $20,000.

Summary

Excludes from gross income, under the Internal Revenue Code, the interest or dividends on an amount of savings not in excess of $20,000 in a bank, savings institution, or credit union.

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

Timeline

1. 19 September 1974

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 19 September 1974

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

• Introduced in Senate

  summary · EN · 19 September 1974

  Open at official source

Sponsors

• Sen. Dominick, Peter H. [R-CO] · R · Sponsor
• Sen. Scott, Hugh [R-PA] · R · Cosponsor
• Sen. Brock, Bill [R-TN] · R · Cosponsor
• Sen. Fong, Hiram L. [R-HI] · R · Cosponsor
• Sen. Thurmond, Strom [R-SC] · R · Cosponsor
• Sen. Fannin, Paul J. [R-AZ] · R · Cosponsor
• Sen. Domenici, Pete V. [R-NM] · R · Cosponsor
• · ssfi00 · Standing

Related records

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