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United States · Bill · HR

H.R. 7403 (96th)

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income certain amounts received in connection with retirement as compensation for unused vacation and sick leave.

referredUnited States· United States Congress· EN

Introduced

20 May 1980

Last action

Status

Referred to House Committee on Ways and Means.

Sponsors

Subjects

Discovery layer

Source updated

7 February 2024

Summary

Amends the Internal Revenue Code to provide for a one-time exclusion from the gross income of an employee of up to $12,000 of vacation and sick leave pay accrued by such employee in connection with retirement.

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Versions

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Documents

1 official file

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Sources

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