S 2822 · 96th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to increase the partial interest and dividend exclusion for individuals to $750.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1980-06-12)
Plain Language Summary
[AI summary unavailable — showing source text]
Amends the Internal Revenue Code to increase the maximum interest and dividend exclusion for individuals from $200 ($400 for a joint return) to $750 ($1,500 for a joint return) by increments between 1981 and 1984. Removes the current January 1, 1983 termination date for such exclusion, thus making it permanent.…
Summarized by Claude AI · Non-partisan · For informational purposes only