A bill to amend the Internal Revenue Code of 1986 to repeal the basis recovery rule for pension plans.

Summary

Amends the Internal Revenue Code to allow the use of the three-year basis recovery rule in computing the amount of an employee's retirement benefits includible in gross income.

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

Timeline

1. 6 January 1987

   Introduced

   Read twice and referred to the Committee on Finance.

   Source: IntroReferral

2. 6 January 1987

   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 · 6 January 1987

  Open at official source

Sponsors

• Sen. Trible, Paul S., Jr. [R-VA] · R · Sponsor
• Sen. Warner, John [R-VA] · R · Sponsor
• Sen. Hecht, Chic [R-NV] · R · Cosponsor
• Sen. Burdick, Quentin N. [D-ND] · D · Cosponsor
• Sen. Nickles, Don [R-OK] · R · Cosponsor
• Sen. Hollings, Ernest F. [D-SC] · D · Cosponsor
• Sen. Cochran, Thad [R-MS] · R · Cosponsor
• Sen. Domenici, Pete V. [R-NM] · R · Cosponsor
• Sen. Stevens, Ted [R-AK] · R · Cosponsor
• Sen. Chafee, John H. [R-RI] · R · Cosponsor
• Sen. Kerry, John F. [D-MA] · D · Cosponsor
• Sen. Mikulski, Barbara A. [D-MD] · D · Cosponsor
• Sen. Sarbanes, Paul S. [D-MD] · D · Cosponsor
• Sen. Heflin, Howell [D-AL] · D · Cosponsor
• Sen. Mitchell, George J. [D-ME] · D · Cosponsor
• Sen. Pell, Claiborne [D-RI] · D · Cosponsor
• Sen. Bingaman, Jeff [D-NM] · D · Cosponsor
• Sen. Gore, Albert, Jr. [D-TN] · D · Cosponsor
• Sen. D'Amato, Alfonse [R-NY] · R · Cosponsor
• · ssfi00 · Standing

Related records

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