A bill to amend the Internal Revenue Code of 1954 to exclude from a taxpayer's modified adjusted gross income the amount of interest received or accrued by the taxpayer in determining whether the taxpayer's social security benefits or railroad retirement benefits are to be included in gross income subject to income tax.

Summary

Amends the Internal Revenue Code to exclude from a taxpayer's modified adjusted gross income the amount of tax-exempt interest received or accrued by the taxpayer in determining whether the taxpayer's social security benefits or railroad retirement benefits are to be included in gross income subject to income tax.

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

Timeline

1. 20 February 1985

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 20 February 1985

   Introduced

   Introduced in House

   Source: IntroReferral

3. 20 February 1985

   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 · 20 February 1985

  Open at official source

Sponsors

• DON YOUNG · R · Sponsor
• · hswm00 · Standing

Related records

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