Bill117th CongressFiled May 7, 2021Taxation
H.R. 3068
FAIR Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary 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.
What just happenedMay 7, 2021
Referred to the House Committee on Ways and Means.
Who’s behind it
Rep. Spanberger, Abigail Davis [D-VA-7](D-VA)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions3subjects
- Introduced in HouseMay 7, 2021
- May 7, 2021IntroReferralH11100
Referred to the House Committee on Ways and Means.
Ways and Means Committee - May 7, 2021IntroReferralIntro-H
Introduced in House
- May 7, 2021IntroReferral1000
Introduced in House