A bill to amend the Internal Revenue Code of 1954 to exclude from the gross income of any participant in any State or local government plan so much of any distribution from such plan as represents his allocable share of tax-exempt interest of such plan.

Summary

Amends the Internal Revenue Code with respect to distributions from State or local government employee annuity plans. Excludes from the gross income of any plan participant the amount of any such distribution that represents the participant's portion of the tax-exempt interest of the plan.

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

Timeline

1. 25 January 1988

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 25 January 1988

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 January 1988

   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 · 25 January 1988

  Open at official source

Sponsors

• Rep. Lent, Norman F. [R-NY-4] · R · Sponsor
• · hswm00 · Standing

Related records

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