HR 1220
107th Congress
House
Taxation
Business income tax
Commerce
Community development banking
Corporation taxes
Depressed areas
Economics and Public Finance
Finance and Financial Sector
Income tax
Personal income tax
Tax exclusion
Tax rates
Community Savings and Investment Act of 2001
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2001
Referred to the House Committee on Ways and Means.
Mar 27, 2001
Introduced in House
Plain-English summary
Community Savings and Investment Act of 2001 - Amends the Internal Revenue Code to: (1) establish a separate tax rate for a qualified community lender; and (2) permit the exclusion from gross income of distressed community banking income.
What's happening now
Referred to the House Committee on Ways and Means.
Committees of jurisdiction
1