S 4021 · 93th Congress · Taxation
A bill to exclude from the gross income of individuals the interest on an amount of savings not in excess of $20,000.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1974-09-19)
Plain Language Summary
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Excludes from gross income, under the Internal Revenue Code, the interest or dividends on an amount of savings not in excess of $20,000 in a bank, savings institution, or credit union.…
Summarized by Claude AI · Non-partisan · For informational purposes only