HR 16483 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the interest on deposits in banks and certain other savings institutions.

Introduced 1974-08-20· Sponsored by Rep. Holt, Marjorie S. [R-MD-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-08-20)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from gross income under the Internal Revenue Code the interest, up to $800, on deposits in banks and other savings institutions.…

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