HR 5105 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to exclude from gross income certain amounts of interest for individuals who have not attained age 65 and to exclude from gross income all interest for individuals who have attained age 65.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1979-08-02)
Plain Language Summary
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Amends the Internal Revenue Code to exclude from gross income up to $100 ($200 for joint returns) of the interest income earned by individuals under the age of 65 and to exclude all interest income of individuals who have attained age 65.…
Summarized by Claude AI · Non-partisan · For informational purposes only