HR 3100 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to encourage greater individual savings.

Introduced 1981-04-07· Sponsored by Rep. Mottl, Ronald M. [D-OH-23]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: See H.R.4242.(1981-08-04)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income up to $2,000 ($4,000 for joint returns) of the interest earned on savings accounts in banks, savings and loan associations, or credit unions.…

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