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United States · Resolution · SRES

S.Res. 304 (99th)

A resolution to express the sense of the Senate that the present 3-year basis recovery rule on taxation of retirement annuities be maintained.

openUnited States· United States Congress· EN

Introduced

29 January 1986

Last action

5 February 1986 · Committee

Status

Committee on Finance requested executive comment from OMB, Department of the Treasury.

Sponsors

Sen. Trible, Paul S., Jr. [R-VA], Sen. Stevens, Ted [R-AK], Sen. Mathias, Charles McC., Jr. [R-MD], Sen. Eagleton, Thomas F. [D-MO], Sen. Hollings, Ernest F. [D-SC], Sen. Sarbanes, Paul S. [D-MD], Sen. Warner, John [R-VA], Sen. Heflin, Howell [D-AL], Rep. Andrews, Mark [R-ND-At Large], Sen. Burdick, Quentin N. [D-ND], Rep. Harkin, Tom [D-IA-5], Sen. Melcher, John [D-MT], Sen. D'Amato, Alfonse [R-NY], Sen. Hawkins, Paula [R-FL], Sen. Bumpers, Dale [D-AR], Sen. Gore, Albert, Jr. [D-TN]

Subjects

Taxation

Source updated

3 January 2025

Taxation

Summary

Expresses the sense of the Senate that the present three-year basis recovery rule on the taxation of retirement annuities for public employees should be maintained and provisions requiring the repeal of such treatment contained in certain tax reform legislation (H.R. 3838) should be deleted.

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

Timeline

  1. 29 January 1986

    Introduced

    Referred to the Committee on Finance.

    Source: IntroReferral

  2. 29 January 1986

    Introduced

    Introduced in Senate

    Source: IntroReferral

  3. 5 February 1986

    Committee

    Committee on Finance requested executive comment from OMB, Department of the Treasury.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

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