HR 609 · 97th Congress · Taxation

Small Savers Act of 1981

Introduced 1981-01-05· Sponsored by Rep. Rousselot, John H. [R-CA-26]· 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] Small Savers' Act of 1981 - Amends the Internal Revenue Code to exclude from gross income up to $5,000 of interest income earned on savings accounts.…

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

Cosponsors (2)

2 Republicans