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Searching...- Bills
- H.R.894
H.R.894: Interest for Others Act of 2017
About This Bill
- Introduced Feb. 6, 2017
- Latest Major Action Feb. 6, 2017
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Version
- Introduced in House - Feb. 6, 2017
Bill Summary
Interest for Others Act of 2017 This bill amends the Internal Revenue Code to allow individuals, trusts, or estates to exclude from gross income up to $50 per year of interest and money market fund dividend income that is contributed to charity using a program adopted by a financial institution or a money market fund. Details regarding the payments to charities must be reported to the Internal Revenue Service by any person that: (1) pays...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Feb. 6, 2017 |
Referred to the House Committee on Ways and Means.
|
| Feb. 6, 2017 |
Introduced in the House by Erik Paulsen (R-Minn.) |