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United States · Bill · S

S. 1010 (110th)

Retirement Security for Life Act of 2007

referredUnited States· United States Congress· EN

Introduced

28 March 2007

Last action

28 March 2007 · Introduced

Status

Read twice and referred to the Committee on Finance.

Sponsors

Sen. Smith, Gordon H. [R-OR], Sen. Conrad, Kent [D-ND], Sen. Snowe, Olympia J. [R-ME], Sen. Collins, Susan M. [R-ME], Sen. Clinton, Hillary Rodham [D-NY], Sen. Crapo, Mike [R-ID], Sen. Isakson, Johnny [R-GA], Sen. Johnson, Tim [D-SD], Sen. Lieberman, Joseph I. [ID-CT], Sen. Salazar, Ken [D-CO], Sen. Nelson, Ben [D-NE], Sen. Roberts, Pat [R-KS], Sen. Stabenow, Debbie [D-MI]

Subjects

Taxation

Source updated

14 August 2025

Taxation

Summary

Retirement Security for Life Act of 2007 - Amends the Internal Revenue Code to allow an exclusion from gross income for 50 percent of the amount otherwise includible in gross income as guaranteed payments from certain annuity or life insurance contracts. Limits the amount of such exclusion to $20,000 in any taxable year. Provides for an inflation adjustment of the $20,000 limitation beginning in 2009.

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

Timeline

  1. 28 March 2007

    Introduced

    Read twice and referred to the Committee on Finance.

    Source: IntroReferral

  2. 28 March 2007

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 28 March 2007

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 28 March 2007

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 28 March 2007

    Open at official source

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Sponsors

Related records

Sources

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