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 for those 65 and older.

Summary

Amends the Internal Revenue Code to provide a $5,000 tax 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. 25 July 1977

   Introduced

   Introduced in House

   Source: IntroReferral

2. 25 July 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 25 July 1977

   Introduced

   Referred to House Committee on Ways and Means.

   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 · 25 July 1977

  Open at official source

Sponsors

• Rep. Howard, James J. [D-NJ-3] · D · 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.