HR 3657 · 94th Congress · Taxation

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

Introduced 1975-02-25· Sponsored by Rep. Lent, Norman F. [R-NY-4]· 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.(1975-02-25)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from gross income up to $500 ($1,000 in the case of a joint return) of interest on deposits in savings institutions under the Internal Revenue Code.…

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