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- S.605
S.605: Community Savings and Investment Act of 2001
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about taxation
- Introduced March 23, 2001
- Latest Major Action March 23, 2001
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill 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.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Read twice and referred to the Committee on Finance.
|
|
| March 23, 2001 |
Introduced in the Senate by Kay Bailey Hutchison (R-Texas) |