HR 2830 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income $1,000 of interest on savings in the case of an individual taxpayer.

Introduced 1975-02-05· Sponsored by Rep. Moore, W. Henson [R-LA-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-02-05)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from gross income under the Internal Revenue Code the first $1,000 of interest on savings in a savings and loan association, bank, credit union, or similar thrift institution in the case of an individual taxpayer.…

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