HR 7438 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide that interest on certain real estate mortgages made by savings and loan institutions and mutual savings banks will be exempt from Federal income tax.

Introduced 1982-12-16· Sponsored by Rep. Trible, Paul S., Jr. [R-VA-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1982-12-16)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide that interest on certain real estate mortgages made by savings and loan institutions will be exempt from Federal income tax.…

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