HR 6762 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954.

Introduced 1980-03-11· Sponsored by Rep. Garcia, Robert [D-NY-21]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1980-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income annual interest on payments by any foreign governments of reparations to survivors of Nazi concentration camps or other Nazi-era atrocities. Permits a one-time income tax deduction from gross income of the sum total of the annual interest derived from such payments made after May 7, 1945.…

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