HR 16272 · 93th Congress · Taxation

A bill to exclude from gross income the first $500 of interest received on deposits in thrift institutions.

Introduced 1974-08-05· Sponsored by Rep. Anderson, Glenn M. [D-CA-35]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-08-05)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from taxable income, under the Internal Revenue Code of 1954, interest received on deposits in thrift institutions.…

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