HR 5353 · 96th Congress · Taxation

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

Introduced 1979-09-20· Sponsored by Rep. Mottl, Ronald M. [D-OH-23]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-09-20)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income up to $1,500 of the interest earned on a savings account.…

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