United States · Bill · HR
H.R. 3997 (94th)
A bill to amend the Internal Revenue Code of 1954 to exempt certain trust income from the earned income limitation on the low-income allowance.
Introduced
27 February 1975
Last action
—
Status
Referred to House Committee on Ways and Means.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Revises the Internal Revenue Code to exempt trust income from the earned income limitation on the low income allowance, if the corpus of such trust is derived entirely from the proceeds of any judgement or settlement of a suit for recovery of damages for personal injuries.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 27 February 1975
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/94th-congress/house-bill/3997
- Open data entity: https://api.congress.gov/v3/bill/94/hr/3997