HR 1063 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from the gross income of individuals who have attained the age of 62 interest received during any taxable year.

Introduced 1981-01-22· Sponsored by Rep. Hall, Sam B., Jr. [D-TX-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-01-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow an individual age 62 or older an exclusion from gross income of all interest income.…

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