United States · Bill · HR
H.R. 13224 (93rd)
A bill to amend the Internal Revenue Code of 1954 to exempt certain trust income from the earned income limitation on the low income allowance.
Introduced
5 March 1974
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Exempts trust income from the earned income limitation on the low income allowance under the Internal Revenue Code. States that in order to qualify for such exemption the corpus of such trust must be derived entirely from the proceeds of any judgment or settlement of damages for personal injuries.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 5 March 1974
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/house-bill/13224
- Open data entity: https://api.congress.gov/v3/bill/93/hr/13224