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United States · Bill · HR

H.R. 5729 (95th)

A bill to amend the Internal Revenue Code of 1954 relating to group-term life insurance purchased for employees.

referredUnited States· United States Congress· EN

Introduced

29 March 1977

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Amends the Internal Revenue Code to increase from $50,000 to $100,000 the amount of group term life insurance which employers may purchase for employees without including it within the latter's taxable income.

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Documents

1 official file

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Sources

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