Sen. Taft, Robert, Jr. [R-OH] (Introduced 01/11/1973)
Summary: S.321 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/11/1973)
Provides, under the Internal Revenue Code, that gross income does not include amounts received by, or credited to the account of, a taxpayer as dividends or interest on savings deposits or withdrawable savings accounts in lending institutions.
Provides that such tax exclusion shall in the aggregate not exceed $500 for any taxable year. (Amends 26 U.S.C. 123, 124)
Summary: S.321 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/11/1973)
Provides, under the Internal Revenue Code, that gross income does not include amounts received by, or credited to the account of, a taxpayer as dividends or interest on savings deposits or withdrawable savings accounts in lending institutions.
Provides that such tax exclusion shall in the aggregate not exceed $500 for any taxable year. (Amends 26 U.S.C. 123, 124)
Summary: S.321 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/11/1973)
Provides, under the Internal Revenue Code, that gross income does not include amounts received by, or credited to the account of, a taxpayer as dividends or interest on savings deposits or withdrawable savings accounts in lending institutions.
Provides that such tax exclusion shall in the aggregate not exceed $500 for any taxable year. (Amends 26 U.S.C. 123, 124)
Summary: S.321 — 93rd Congress (1973-1974)
There is one summary for this bill. Bill summaries are authored by CRS.
Shown Here:Introduced in Senate (01/11/1973)
Provides, under the Internal Revenue Code, that gross income does not include amounts received by, or credited to the account of, a taxpayer as dividends or interest on savings deposits or withdrawable savings accounts in lending institutions.
Provides that such tax exclusion shall in the aggregate not exceed $500 for any taxable year. (Amends 26 U.S.C. 123, 124)
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