A bill to amend the Internal Revenue Code of 1954 to permit an exemption of the first $5,000 of retirement income received by a taxpayer under a public retirement system or any other system if the taxpayer is at least 65 years of age.

referredUnited States· United States Congress· EN

Introduced

14 January 1975

Last action

—

Status

Referred to House Committee on Ways and Means.

Summary

Allows a tax exclusion under the Internal Revenue Code for the first $5,000 of retirement income received by a taxpayer under a public retirement system or any other system if the taxpayer is 65 years of age.

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Timeline

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 14 January 1975
Open at official source

Related records

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-bill/965
Open data entity: https://api.congress.gov/v3/bill/94/hr/965