HR 1642 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exempt from income tax retirement benefits received under a public retirement system.

Introduced 1973-01-09· Sponsored by Rep. Rarick, John R. [D-LA-6]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-01-09)

Plain Language Summary

[AI summary unavailable — showing source text] Allows an income tax exclusion under the Internal Revenue Code for retirement benefits received under a public retirement system. (Amends 26 U.S.C. 124)…

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