H.R. 228 — Simple Savings Tax Relief Act of 2007

Summary

Simple Savings Tax Relief Act of 2007 - Amends the Internal Revenue Code to exclude from gross income up to $400 (twice such amount on a joint return) of interest income annually. Provides for an inflation adjustment to such exclusion amount beginning after 2008.

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Legislative Actions

2007-01-04
Introduced in House
2007-01-04
Introduced in House
2007-01-04
Referred to the House Committee on Ways and Means.
2007-01-05
Sponsor introductory remarks on measure. (CR E22-23)

Simple Savings Tax Relief Act of 2007

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Summary

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