HR 44 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income up to $1,000 of interest and dividends.

Introduced 1981-01-05· Sponsored by Rep. Archer, Bill [R-TX-7]· 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 increase to $1,000 the amount of interest and dividend income which may be excluded from gross income.…

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

Cosponsors (7)

2 Democrats5 Republicans