Savings and Investment Incentive Act of 1980

[AI summary unavailable — showing source text] Savings and Investment Incentive Act of 1980 - Amends the Internal Revenue Code with respect to the partial exclusion from gross income of interest and dividends received by individuals to increase the exclusion by specified increments over five years to: (1) $200 ($400 for a joint return); plus (2), by January 1, 1985, 25 percent of the excess over $200 (or $400) of interest and dividends as does not itself exceed $50,000.…