HR 6528 · 97th Congress · Social Welfare
A bill to amend title XVI of the Social Security Act to provide that interest on savings accounts (and other amounts similarly paid on deposits in financial institutions), if less than $60 in a calendar quarter, shall be excluded in determining an individual's income for eligibility and benefit purpose under the supplemental security income program.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Public Assistance and Unemployment Compensation.(1982-06-02)
Plain Language Summary
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Amends title XVI (Supplemental Security Income) of the Social Security Act to exclude interest on savings accounts, if less than $60 in a calendar quarter, from an individual's income for purposes of determining such individual's benefits or eligibility for benefits under such title.…
Summarized by Claude AI · Non-partisan · For informational purposes only