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 those systems from the reporting requirements pertaining to deferred compensation.

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

Timeline

1. 24 May 1977

   Introduced

   Referred to Senate Committee on Finance.

   Source: IntroReferral

2. 24 May 1977

   Introduced

   Introduced in Senate

   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 Senate

  summary · EN · 24 May 1977

  Open at official source

Sponsors

• Sen. Stone, Richard (Dick) [D-FL] · D · Sponsor
• Sen. Anderson, Wendell R. [D-MN] · D · Cosponsor
• Sen. Magnuson, Warren G. [D-WA] · D · Cosponsor
• Sen. Allen, James B. [D-AL] · D · Cosponsor
• Sen. Riegle, Donald W., Jr. [D-MI] · D · Cosponsor
• Sen. Burdick, Quentin N. [D-ND] · D · Cosponsor
• Sen. Goldwater, Barry [R-AZ] · R · Cosponsor
• Sen. Morgan, Robert B. [D-NC] · D · Cosponsor
• Sen. Jackson, Henry M. [D-WA] · D · Cosponsor
• Sen. Helms, Jesse [R-NC] · R · Cosponsor
• Sen. Danforth, John C. [R-MO] · R · Cosponsor
• Sen. Eagleton, Thomas F. [D-MO] · D · Cosponsor
• Sen. Tower, John G. [R-TX] · R · Cosponsor
• · ssfi00 · 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.