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HR 5678 98th Congress House Taxation Finance and Financial Sector Income tax Interest Savings accounts Tax exclusion

American Passbook Savings Act of 1984

Introduced: May 17, 1984 See on congress.gov
This bill died when the 98th Congress ended
It never became law before the 98th Congress (1983–1984) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 17, 1984
Referred to House Committee on Ways and Means.
May 17, 1984
Introduced in House
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 Plain-English summary Congressional Research Service

American Passbook Savings Act of 1984 - Amends the Internal Revenue Code to exclude from gross income up to $5,000 ($10,000 for joint returns) of the interest earned on a passbook savings account.

What's happening now May 17, 1984

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5678: American Passbook Savings Act of 1984. 98th Congress. Open America. https://openamerica.io/bill/98-HR-5678/
MLA
"H.R. 5678: American Passbook Savings Act of 1984." 98th Congress, 2026, Open America, https://openamerica.io/bill/98-HR-5678/.
Bluebook (legal)
H.R. 5678, 98th Cong. (2026), https://openamerica.io/bill/98-HR-5678/.
Markdown link
[H.R. 5678: American Passbook Savings Act of 1984](https://openamerica.io/bill/98-HR-5678/)
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