FAIR Act
Summary
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.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2021
Committee Review
Floor Vote
President
Introduced May 7, 2021
Last action May 7, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 7, 2021
House · Referred to committee
Referred to the House Committee on Ways and Means.
May 7, 2021
House · Introduced
Introduced in House
1 primary · 1 co-sponsor
Sponsors
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