H.R. 3068 · 117th Congress
FAIR Act
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Never voted on. It didn't reach a floor vote before the 117th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
SpanbergerSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Freeing Americans from Interest on Reimbursements Act or the FAIR Act
What it does: CRS summary · Introduced in House · May 7, 2021
Freeing Americans from Interest on Reimbursements Act or the FAIR Act
This bill excludes from gross income, for income tax purposes, any interest allowed and paid upon a tax refund amount.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: FAIR Act
Also known as: Freeing Americans from Interest on Reimbursements Act
Latest action (May 7, 2021): Referred to the House Committee on Ways and Means.
Policy area: Taxation · Origin: House · Introduced: May 7, 2021
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.