H.R. 13099 — A bill to amend section 6049(b) (2) of the Internal Revenue Code of 1954 in order to exempt from interest for purposes of information returns amounts forfeited to banks and loan associations as penalties for premature withdrawal of funds from time savings accounts or deposits.

H.R. 13099 — A bill to amend section 6049(b) (2) of the Internal Revenue Code of 1954 in order to exempt from interest for purposes of information returns amounts forfeited to banks and loan associations as penalties for premature withdrawal of funds from time savings accounts or deposits. | PoliFocus

A bill to amend section 6049(b) (2) of the Internal Revenue Code of 1954 in order to exempt from interest for purposes of information returns amounts forfeited to banks and loan associations as penalties for premature withdrawal of funds from time savings accounts or deposits.

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