S 492 · 97th Congress · Taxation
A bill to increase the income tax exclusion of dividends and interest received by individuals.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Committee on Finance requested executive comment from OMB; Treasury Department.(1981-02-20)
Plain Language Summary
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Amends the Internal Revenue Code to increase to $1,000 ($2,000 in the case of a joint return) the amount of dividend and interest income which may be excluded from gross income.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (7)
1 Democrat6 Republicans