A bill to amend the Internal Revenue Code of 1954 to increase to $150,000 the amount of group-term life insurance which may be provided by an employer and excluded from the gross income of an employee.

referredUnited States· United States Congress· EN

Introduced

21 May 1979

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Amends the Internal Revenue Code to increase the amount of employer-paid group-term life insurance premiums excluded from the gross income of employees to $150,000.

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 21 May 1979
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/house-bill/4153
Open data entity: https://api.congress.gov/v3/bill/96/hr/4153