HR 199 · 111th Congress · Taxation

Simple Savings Tax Relief Act of 2009

Introduced 2009-01-06· 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.(2009-01-06)

Plain Language Summary

[AI summary unavailable — showing source text] Simple Savings Tax Relief Act of 2009 - 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 exclusion amount beginning after 2010.…

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

Cosponsors (2)

2 Republicans