HR 15049 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that certain interest forfeited by reason of premature cancellation of certain savings deposits shall not be included in gross income.

Introduced 1974-05-29· Sponsored by Rep. Luken, Thomas A. [D-OH-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-05-29)

Plain Language Summary

[AI summary unavailable — showing source text] Provides that interest forfeited by reason of premature cancellation of savings deposits shall not be included in gross income under the Internal Revenue Code.…

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