HR 4869 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income dividends and interest received by individuals who have attained age 62.

Introduced 1981-10-29· Sponsored by Rep. McCollum, Bill [R-FL-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-10-29)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income interest and dividends from a domestic corporation received by taxpayers age 62 or over.…

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

Cosponsors (11)

6 Democrats5 Republicans
Rep. Fascell, Dante B. [D-FL-15]FL
Rep. Hiler, John Patrick [R-IN-3]IN
Rep. Paul, Ron [R-TX-22]TX
Rep. Mottl, Ronald M. [D-OH-23]OH
Rep. Frenzel, Bill [R-MN-3]MN
Rep. Roe, Robert A. [D-NJ-8]NJ
Rep. Williams, Lyle [R-OH-19]OH
Rep. Collins, Cardiss [D-IL-7]IL
Rep. Mitchell, Parren J. [D-MD-7]MD
Rep. Chappell, Bill, Jr. [D-FL-4]FL
Rep. Solomon, Gerald B. H. [R-NY-29]NY