HR 11977 · 93th Congress · Social Welfare

A bill to amend the Internal Revenue Code of 1954 to permit an exemption of the first $7,500 of income received by a taxpayer who is 65 years of age or older.

Introduced 1973-12-14· Sponsored by Rep. Roe, Robert A. [D-NJ-8]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-12-14)

Plain Language Summary

[AI summary unavailable — showing source text] Permits, under the Internal Revenue Code of 1954, an exemption of the first $7,500 of income received by a taxpayer who is 65 years of age or older. (Amends 26 U.S.C. 124)…

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