HR 2663 · 93th Congress ·

A bill to amend the Internal Revenue Code of 1954 to provide a basic $5,000 exemption from income tax, in the case of an individual or married couple, for amounts received as annuities, pensions, or other retirement benefits.

Introduced 1973-01-23· Sponsored by Rep. Daniels, Dominick V. [D-NJ-14]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-01-23)

Plain Language Summary

[AI summary unavailable — showing source text] Provides a basic $5,000 exemption from income tax under the Internal Revenue Code in the case of an individual or a married couple, for amounts received as annuities, pensions, or other retirement benefits. (Amends 26 U.S.C. 72a)…

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