HR 3068 · 117th Congress · Taxation

FAIR Act

Introduced 2021-05-07· Sponsored by Rep. Spanberger, Abigail Davis [D-VA-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(2021-05-07)

Plain Language Summary

[AI summary unavailable — showing source text] Freeing Americans from Interest on Reimbursements Act or the FAIR Act This bill excludes from gross income, for income tax purposes, any interest allowed and paid upon a tax refund amount.…

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

Cosponsors (1)

1 Republican
Rep. Davis, Rodney [R-IL-13]IL