S 819 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to stimulate investment by increasing the interest and dividend inclusion.

Introduced 1981-03-27· Sponsored by Sen. Nunn, Sam [D-GA]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB; Treasury Department.(1981-03-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to increase to the greater of $200 or a specified percentage increased annually through 1984 ($400 in the case of a joint return) the amount of interest and dividend income which may be excluded from gross income.…

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

Cosponsors (1)

1 Democrat
Sen. Huddleston, Walter (Dee) [D-KY]KY