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- H.R.221
H.R.221: Simple Savings Tax Relief Act of 2005
About This Bill
- This bill was introduced in the 109th Congress
- This bill is primarily about taxation
- Introduced Jan. 4, 2005
- Latest Major Action Jan. 4, 2005
- See the four similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Simple Savings Tax Relief Act of 2005 - Amends the Internal Revenue Code to exclude from gross income up to $400 (twice such amount on a joint return) of interest income annually. Provides for an inflation adjustment to such amount.
(Source: Library of Congress)
Bill Actions
Date | Description |
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Sponsor introductory remarks on measure.
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Referred to the House Committee on Ways and Means.
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Jan. 4, 2005 |
Introduced in the House by Cliff Stearns (R-Fla.) |