United States · Bill · S
S. 4054 (93rd)
A bill to exclude from gross income the first $1,000 of interest on deposits in savings institutions.
Introduced
30 September 1974
Last action
—
Status
Referred to Senate Committee on Finance.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Provides, under the Internal Revenue Code, that the first $1,000 of dividends on interest received by, or credited to the account of, an individual on deposits or withdrawable accounts in a savings institution shall be excluded from gross income.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
No timeline events have been ingested for this record yet.
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 · 30 September 1974
Sponsors
No sponsors or actors listed by the source.
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/4054
- Open data entity: https://api.congress.gov/v3/bill/93/s/4054