HR 13451 · 93th Congress ·

A bill to amend the Internal Revenue Code of 1954 to permit an exemption of the first $5,000 of retirement income received by a taxpayer under a public retirement system or any other system if the taxpayer is at least 65 years of age.

Introduced 1974-03-13· Sponsored by Rep. Grasso, Ella T. [D-CT-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1974-03-13)

Plain Language Summary

[AI summary unavailable — showing source text] Permits, under the Internal Revenue Code, a tax exclusion of the first $5,000 of retirement income received by a taxpayer under a public retirement system or any other system if the taxpayer is at least 65 years of age.…

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