A bill to amend the Internal Revenue Code of 1954 to exempt certain State and local government retirement systems from taxation.

Summary

Amends the Internal Revenue Code to provide that State and local government retirement systems shall be tax exempt organizations. Exempts these systems from the reporting requirements pertaining to deferred compensation. Treats all such systems as qualified pension plans under the code.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 15 September 1977

   Introduced

   Referred to House Committee on Ways and Means.

   Source: IntroReferral

2. 15 September 1977

   Introduced

   Introduced in House

   Source: IntroReferral

3. 15 September 1977

   Introduced

   Introduced in House

   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 · 15 September 1977

  Open at official source

Sponsors

• Rep. Cunningham, John E. (Jack) [R-WA-7] · R · Sponsor
• · hswm00 · Standing

Related records

• related to → A bill to amend the Internal Revenue Code of 1954 to exempt certain State and local government retirement systems from taxation.