HR 805 · 101th Congress · Taxation

To amend the Internal Revenue Code of 1986 to provide for 10-year basis recovery in the case of annuities under governmental plans.

Introduced 1989-02-02· Sponsored by Rep. Moody, Jim [D-WI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Ways and Means.(1989-02-02)

Plain Language Summary

[AI summary unavailable — showing source text] Amends Internal Revenue Code provisions relating to the exclusion ratio, permitting a ten-year basis recovery for amounts received as annuities under governmental plans.…

Summarized by Claude AI · Non-partisan · For informational purposes only