legislation: 97-hr-7181

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
97-hr-7181 97 hr 7181 A bill to amend the Internal Revenue Code of 1954 to reinstate the partial exclusion of dividends and interest, and for other purposes. Taxation 1982-09-23 1982-09-23 Referred to House Committee on Ways and Means. House Rep. Solomon, Gerald B. H. [R-NY-29] NY R S000675 7 Amends the Internal Revenue Code to reinstate the exclusion from gross income of dividend and interest income received by an individual taxpayer. Limits the amount of such exclusion to $200 ($400 for joint returns) for a taxable year. Repeals provisions of the Economic Recovery Tax Act of 1981 which provided an increased exclusion of interest income in 1985 and disallowed an exclusion for dividends received from real estate investment trusts. 2024-02-07T16:32:33Z  

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