A bill to amend the Internal Revenue Code of 1954 to provide a basic 10,000 dollars exemption from income tax, in the case of an individual or a married couple, for amounts received as annuities, pensions, or other retirement benefits.

referredUnited States· United States Congress· EN

Introduced

6 January 1987

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to allow individuals or married couples aged 65 or over a $10,000 exclusion from gross income for any amounts received as annuities, pensions, or other retirement benefits.

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Documents

1 official file

Introduced in House
summary · EN · 6 January 1987
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/100th-congress/house-bill/366
Open data entity: https://api.congress.gov/v3/bill/100/hr/366