HR 1163 · 108th Congress · Taxation

Simple Savings Tax Relief Act of 2003

Introduced 2003-03-06· Sponsored by Rep. Stearns, Cliff [R-FL-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2003-03-06)

Plain Language Summary

[AI summary unavailable — showing source text] Simple Savings Tax Relief Act of 2003 - Amends the Internal Revenue Code to exclude from gross income up to $400 (twice such amount on a joint return) of interest income annually. Provides for an inflation adjustment to such amount.…

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

Cosponsors (7)

7 Republicans