HR 5886 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude all interest from the gross income of individuals.

Introduced 1979-11-14· Sponsored by Rep. Crane, Philip M. [R-IL-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-11-14)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income all interest income earned by the taxpayer.…

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