Summary: H.R.3690 — 95th Congress (1977-1978)All Information (Except Text)

There is one summary for H.R.3690. Bill summaries are authored by CRS.

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Introduced in House (02/17/1977)

Amends the Internal Revenue Code to exclude from gross income interest paid or accrued by the taxpayer on savings deposits. Limits this exclusion to $500 per individual.