S 2810 · 98th Congress · Taxation

Passbook Savings Incentive Act of 1984

Introduced 1984-06-28· Sponsored by Sen. Boschwitz, Rudy [R-MN]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Finance requested executive comment from OMB, Treasury Department.(1984-07-10)

Plain Language Summary

[AI summary unavailable — showing source text] Passbook Savings Incentive Act of 1984 - Amends the Internal Revenue Code to exclude from gross income up to $5,000 ($10,000 for joint returns) of the interest earned on a passbook savings account.…

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