HR 2021 · 101th Congress · Taxation

Save, America Act of 1989

Introduced 1989-04-18· Sponsored by Rep. Tauzin, W. J. (Billy) [D-LA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-04-18)

Plain Language Summary

[AI summary unavailable — showing source text] Save, America Act of 1989 - Amends the Internal Revenue Code to exclude from the gross income of an individual up to $5,000 ($10,000 for joint returns) of interest earned on a passbook savings account in a federally insured bank, savings and loan or similar institution, or credit union.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

15 Democrats5 Republicans
Rep. Andrews, Michael [D-TX-25]TX
Rep. Foglietta, Thomas M. [D-PA-1]PA
Rep. Florio, James J. [D-NJ-1]NJ
Rep. Smith, Larkin [R-MS-5]MS
Rep. Nowak, Henry [D-NY-33]NY
Rep. Erdreich, Ben [D-AL-6]AL
Rep. Lagomarsino, Robert J. [R-CA-19]CA
Rep. Applegate, Douglas [D-OH-18]OH
Rep. Young, Don [R-AK-At Large]AK
Rep. Hayes, James A. [D-LA-7]LA
Rep. Eckart, Dennis E. [D-OH-11]OH
Rep. McCurdy, Dave [D-OK-4]OK
Rep. Darden, George (Buddy) [D-GA-7]GA
Rep. Stenholm, Charles W. [D-TX-17]TX
Rep. Livingston, Bob [R-LA-1]LA
Rep. Martin, Lynn M. [R-IL-16]IL
Rep. Lloyd, Marilyn [D-TN-3]TN
Rep. Frost, Martin [D-TX-24]TX
Rep. Bates, Jim [D-CA-44]CA
Rep. Stallings, Richard H. [D-ID-2]ID