HR 4067
102th Congress
House
Taxation
Finance and Financial Sector
Income tax
Interest
Savings accounts
Tax exclusion
Save America Passbook Savings Act of 1991
Introduced: November 26, 1991
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 26, 1991
Referred to the House Committee on Ways and Means.
Nov 26, 1991
Introduced in House
Plain-English summary
Save, America Passbook Savings Act of 1991 - Amends the Internal Revenue Code to exclude from gross income interest earned ($5,000 individual, $10,000 joint return) on certain passbook savings accounts in federally insured institutions.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1