HR 4648 · 93th Congress · Taxation

A bill to exclude from gross income the first $750 of interest received on deposits in certain financial institutions.

Introduced 1973-02-22· Sponsored by Rep. Matsunaga, Spark M. [D-HI-1]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-02-22)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from gross income under the Internal Revenue Code, the first $750 of interest received on deposits in thrift institutions. (Amends 26 U.S.C. 123)…

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