A bill to repeal the withholding of tax from interest and dividends and to require statements to be filed by the taxpayer with respect to interest, dividends, and patronage dividends.

[AI summary unavailable — showing source text] Amends the Tax Equity and Fiscal Responsibility Act of 1982 to repeal provisions which require the withholding of tax on interest and dividends. Requires persons paying or receiving interest payments of $10 or more a year to file an information return. Requires statements to be furnished to persons with respect to whom an information return is filed. Requires such statements to be included in the return of a person with respect to whom information is furnished regarding dividends and patronage dividends.…