US HB8439 | 2019-2020 | 116th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on September 29 2020 - 25% progression, died in committee
Action: 2020-09-29 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 29 2020 - 25% progression, died in committee
Action: 2020-09-29 - Referred to the House Committee on Ways and Means.
Pending: House Ways And Means Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Excludes from gross income, for income tax purposes, any interest allowed and paid upon a tax refund amount.
Title
FAIR FIGHT Act Freeing Americans’ Interest Reimbursements From Improper Governmental Holdover Taxes Act
Sponsors
| Rep. Abigail Spanberger [D-VA] | Rep. Rodney Davis [R-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2020-09-29 | House | Referred to the House Committee on Ways and Means. |
| 2020-09-29 | House | Introduced in House |
Subjects
Income tax exclusion
Interest, dividends, interest rates
Tax administration and collection, taxpayers
Taxation
Interest, dividends, interest rates
Tax administration and collection, taxpayers
Taxation
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/116th-congress/house-bill/8439/all-info |
| Text | https://www.congress.gov/116/bills/hr8439/BILLS-116hr8439ih.pdf |
