H.R.170 - Simple Savings Tax Relief Act of 2011
To amend the Internal Revenue Code of 1986 to exclude from gross income certain interest amounts received by individuals. view all titles (2)
All Bill Titles
- Short: Simple Savings Tax Relief Act of 2011 as introduced.
- Official: To amend the Internal Revenue Code of 1986 to exclude from gross income certain interest amounts received by individuals. as introduced.
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Official Summary
1/5/2011--Introduced.Simple Savings Tax Relief Act of 2011 - 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 exclusion amount beginning after 2012.Recent News Coverage
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U.S. Congress - H.R.170 Simple Savings Tax Relief Act of 2011



