A bill to amend the Internal Revenue Code of 1954 to provide for the exclusion from gross income of certain retirement benefits received by individuals to the extent that such benefits do not exceed the maximum social security benefits payable to any individual.

Summary

Amends the Internal Revenue Code to exclude individual retirement benefits received under specified individual retirement savings plans, bonds, trusts and annuity contracts to the extent that the benefits do not exceed the maximum social security old age insurance benefits which could have been paid to an individual during the calendar year.

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

Timeline

1. 22 February 1978

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 22 February 1978

   Introduced

   Introduced in House

   Source: IntroReferral

3. 22 February 1978

   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

• Introduced in House

  summary · EN · 22 February 1978

  Open at official source

Sponsors

• Rep. Mottl, Ronald M. [D-OH-23] · D · Sponsor
• · hswm00 · Standing

Related records

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