HR 5319 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to encourage greater individual savings.

Introduced 1979-09-18· Sponsored by Rep. Frost, Martin [D-TX-24]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-09-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income up to $500 of interest income earned from a savings account.…

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