HR 2127 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income $300 of interest received by an individual during any taxable year.

Introduced 1979-02-13· Sponsored by Rep. Pritchard, Joel [R-WA-1]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-02-13)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income up to $300 of interest income paid to the taxpayer from savings accounts.…

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