A bill to amend the Internal Revenue Act of 1954 to provide for the exclusion from taxation of interest earned on deposits which are used for residential mortgage lending purposes.

Summary

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Related Legislation

• H.R. 1005A bill to amend the Internal Revenue Code of 1954 to provide for the exclusion from taxation of interest earned on deposits which are used for residential mortgage lending purposes.

  1981-01-22Referred to House Committee on Ways and Means.

  Related
• H.R. 3895A bill to amend the Internal Revenue Code of 1954 to provide for the exclusion from taxation of interest earned on deposits which are used for residential mortgage lending purposes.

  1981-06-11Referred to House Committee on Ways and Means.

  Related

Legislative Actions

1. 1981-03-12

   Introduced in Senate

2. 1981-03-12

   Read second time and referred to Senate Committee on Finance.

3. 1981-03-17

   Committee on Finance requested executive comment from OMB; Treasury Department.