HR 2750 · 95th Congress · Taxation

A bill to protect funds invested in series E United States savings bonds from inflation and to encourage persons to provide for their own security.

Introduced 1977-01-31· Sponsored by Rep. Whitten, Jamie L. [D-MS-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1977-01-31)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income all proceeds on series E United States savings bonds where the combined interest and principal on the bonds has less purchasing power than the purchase price had.…

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