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United States · Bill · HR

H.R. 1007 (100th)

A bill to amend the Internal Revenue Code of 1986 to restore the special 3-year basis recovery rule in computing the amount of an employee's annuity includible in gross income.

referredUnited States· United States Congress· EN

Introduced

4 February 1987

Last action

4 February 1987 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Russo, Martin A. [D-IL-3], Rep. Fazio, Vic [D-CA-3], Rep. Miller, George [D-CA-11], Rep. Annunzio, Frank [D-IL-11], Rep. Fields, Jack [R-TX-8], Rep. Jacobs, Andrew, Jr. [D-IN-10], Rep. Gray, William H., III [D-PA-2], Rep. Bustamante, Albert G. [D-TX-23], Rep. Flippo, Ronnie G. [D-AL-5], Rep. Matsui, Robert T. [D-CA-5], Rep. Martinez, Matthew G. [D-CA-31], Rep. Downey, Thomas J. [D-NY-2], Rep. Young, Don [R-AK-At Large], Rep. Lipinski, William O. [D-IL-3], Rep. Oakar, Mary Rose [D-OH-20], Rep. Coughlin, Lawrence [R-PA-13], Rep. Roe, Robert A. [D-NJ-8], Rep. Kolter, Joseph P. [D-PA-4], Rep. Volkmer, Harold L. [D-MO-9], Rep. Foglietta, Thomas M. [D-PA-1], Rep. Mineta, Norman Y. [D-CA-15], Rep. Hertel, Dennis M. [D-MI-14], Rep. Kostmayer, Peter H. [D-PA-8], Rep. McHugh, Matthew F. [D-NY-28], Rep. Williams, Pat [D-MT-At Large], Rep. Coyne, William J. [D-PA-14], Rep. Yatron, Gus [D-PA-6], Sen. Boxer, Barbara [D-CA], Rep. Penny, Timothy J. [D-MN-1], Rep. Anderson, Glenn M. [D-CA-32], Rep. Howard, James J. [D-NJ-3], Rep. Panetta, Leon [D-CA-16], Rep. Leland, Mickey [D-TX-18], Rep. Lantos, Tom [D-CA-12], Rep. Ackerman, Gary L. [D-NY-5], Rep. Tauke, Thomas Joseph [R-IA-2], Rep. Biaggi, Mario [D-NY-19], Rep. Yates, Sidney R. [D-IL-9], Rep. Gaydos, Joseph M. [D-PA-20], Rep. Weldon, Curt [R-PA-7], Rep. Gordon, Bart [D-TN-6], Rep. Hall, Tony P. [D-OH-3], Rep. Rinaldo, Matthew J. [R-NJ-7], Rep. Dwyer, Bernard J. [D-NJ-6], Rep. McDade, Joseph M. [R-PA-10], Rep. Smith, Lawrence [D-FL-16], Rep. Dicks, Norman D. [D-WA-6], Rep. Vucanovich, Barbara F. [R-NV-2]

Subjects

Taxation

Source updated

7 February 2024

Taxation

Summary

Amends the Tax Reform Act of 1986 to repeal provisions which eliminated the three-year use of the basis recovery rule in computing the amount of an employee's retirement benefits includable in gross income. Provides that the Internal Revenue Code shall be applied and administered as if such provisions had not been enacted.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 4 February 1987

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 4 February 1987

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 4 February 1987

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Showing 48 of 129 sponsors and actors.

Related records

Sources

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