HR 170

112th CONGRESS
1st Session

H. R. 170

To amend the Internal Revenue Code of 1986 to exclude from gross income certain interest amounts received by individuals.

IN THE HOUSE OF REPRESENTATIVES

January 5, 2011

Mr. STEARNS introduced the following bill; which was referred to the Committee on Ways and Means


A BILL

To amend the Internal Revenue Code of 1986 to exclude from gross income certain interest amounts received by individuals.

SECTION 1. SHORT TITLE.

SEC. 2. EXEMPTION OF CERTAIN INTEREST INCOME FROM TAX.

`SEC. 116. PARTIAL EXCLUSION OF INTEREST RECEIVED BY INDIVIDUALS.

END