H.R. 170 — Simple Savings Tax Relief Act of 2011

Summary

Simple Savings Tax Relief Act of 2011 - 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 2012.

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Legislative Actions

2011-01-05
Introduced in House
2011-01-05
Introduced in House
2011-01-05
Referred to the House Committee on Ways and Means.

Simple Savings Tax Relief Act of 2011

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Summary

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