HR 170 · 112th Congress · Taxation
Simple Savings Tax Relief Act of 2011
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Ways and Means.(2011-01-05)
Plain Language Summary
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Simple Savings Tax Relief Act of 2011 - 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 2012.…
Summarized by Claude AI · Non-partisan · For informational purposes only