HR 735 · 96th Congress · Taxation

Small Savers Act of 1979

Introduced 1979-01-15· Sponsored by Rep. Rousselot, John H. [R-CA-26]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-01-15)

Plain Language Summary

[AI summary unavailable — showing source text] Small Savers' Act of 1979 - Amends the Internal Revenue Code to exclude from gross income up to $2,000 of interest income earned on savings accounts.…

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

Cosponsors (5)

1 Democrat4 Republicans