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United States · Bill · S

S. 492 (97th)

A bill to increase the income tax exclusion of dividends and interest received by individuals.

openUnited States· United States Congress· EN

Introduced

17 February 1981

Last action

20 February 1981 · Committee

Status

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

Sponsors

Sen. D'Amato, Alfonse [R-NY], Sen. Andrews, Mark [R-ND], Sen. Thurmond, Strom [R-SC], Sen. Cochran, Thad [R-MS], Sen. Heflin, Howell [D-AL], Sen. Garn, E. J. (Jake) [R-UT], Sen. Mathias, Charles McC., Jr. [R-MD], Sen. Goldwater, Barry [R-AZ]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Summary

Amends the Internal Revenue Code to increase to $1,000 ($2,000 in the case of a joint return) the amount of dividend and interest income which may be excluded from gross income.

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

Timeline

  1. 17 February 1981

    Introduced

    Read second time and referred to Senate Committee on Finance.

    Source: IntroReferral

  2. 17 February 1981

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 20 February 1981

    Committee

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

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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