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United States · Bill · HR

H.R. 1561 (93rd)

A bill to amend the Internal Revenue Code of 1954 to provide that the first $5,000 of compensation paid to law enforcement officers shall not be subject to the income tax.

referredUnited States· United States Congress· EN

Introduced

9 January 1973

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Provides, under the Internal Revenue Code, that gross income does not include amounts received as compensation for service as a full-time law enforcement officer in the employ of the United States, the District of Columbia, a State or political subdivision thereof, to the extent that the aggregate of such amounts does not exceed $5,000 in the taxable year. (Amends 26 U.S.C. 124)

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Documents

1 official file

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Sources

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