H.R. 335 — A bill to amend the Internal Revenue Code of 1954 to provide individuals a limited exclusion from gross income for interest on deposits in certain savings institutions.

Summary

Amends the Internal Revenue Code to exclude from gross income the first $500 ($1,000 for persons filing joint returns) earned as interest on savings deposits in financial institutions.

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Related Legislation

H.R. 3488A bill to amend the Internal Revenue Code of 1954 to provide individuals a limited exclusion from gross income for interest on deposits in certain savings institutions.
1977-02-16Referred to House Committee on Ways and Means.
Related
H.R. 11381A bill to amend the Internal Revenue Code of 1954 to provide individuals a limited exclusion from gross income for interest on deposits in certain savings institutions.
1978-03-08Referred to House Committee on Ways and Means.
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Legislative Actions

1977-01-04
Introduced in House
1977-01-04
Introduced in House
1977-01-04
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to provide individuals a limited exclusion from gross income for interest on deposits in certain savings institutions.

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