A bill to amend the Internal Revenue Code of 1954 to provide a basic $5,000 exemption from income tax, in the case of an individual or a married couple, for amounts received as annuities, pensions, or other retirement benefits.

Summary

Provides, under the Internal Revenue Code, a basic $5,000 exemption from income tax, in the case of an individual or a married couple, for amounts received as annuities, pensions, or other retirement benefits.

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

Timeline

1. 29 May 1974

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 29 May 1974

   Introduced

   Introduced in House

   Source: IntroReferral

3. 29 May 1974

   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 · 29 May 1974

  Open at official source

Sponsors

• Rep. Derwinski, Edward J. [R-IL-4] · R · Sponsor
• · hswm00 · Standing

Related records

• related to ← A bill to amend the Internal Revenue Code of 1954 to provide a basic $5,000 exemption from income tax, in the case of an individual or a married couple, for amounts received as annuities, pensions, or other retirement benefits.