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

Summary

Amends the Internal Revenue Code to allow individuals a $5,000 exclusion from gross income for any amount received as an annuity, pension, or other retirement benefit.

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

Timeline

1. 7 May 1979

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 7 May 1979

   Introduced

   Introduced in House

   Source: IntroReferral

3. 7 May 1979

   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 · 7 May 1979

  Open at official source

Sponsors

• Rep. McDade, Joseph M. [R-PA-10] · 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 for amounts received as annuities, pensions, or other retirement benefits.