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United States · Bill · HR

H.R. 1959 (95th)

A bill to amend the Internal Revenue Code of 1954 to provide for the exclusion from gross income of a certain portion of amounts received as annuities, pension, or other retirement benefits by individuals who have attained age 65.

referredUnited States· United States Congress· EN

Introduced

17 January 1977

Last action

17 January 1977 · Introduced

Status

Referred to House Committee on Ways and Means.

Sponsors

Rep. Kildee, Dale E. [D-MI-5], Rep. Brodhead, William [D-MI-17]

Subjects

Taxation

Source updated

1 August 2024

Taxation

Summary

Amends the Internal Revenue Code to provide a tax exclusion for persons aged 65 or over for any amount received as an annuity, pension, or other retirement benefit. Limits the exclusion to $7,500 for single individuals and $5,000 for each married individual.

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

Timeline

  1. 17 January 1977

    Introduced

    Referred to House Committee on Ways and Means.

    Source: IntroReferral

  2. 17 January 1977

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 17 January 1977

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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