HR 17364 · 93th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to exclude from gross income $500 of interest on savings in the case of an individual taxpayer.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1974-10-15)
Plain Language Summary
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Excludes from gross income, under the Internal Revenue Code, the first $500 of interest on deposits in savings institutions, banks, and credit unions.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (12)
2 Democrats10 Republicans