S 246 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to encourage greater individual savings.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1979-01-29)
Plain Language Summary
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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
Cosponsors (20)
10 Democrats10 Republicans