HR 326 · 93th Congress ·
To amend the Internal Revenue Code of 1954 to provide an exemption from the income tax for any amounts received under a state or local retirement system.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1973-01-03)
Plain Language Summary
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Provides, under the Internal Revenue Code, that gross income does not include any amount received by an individual in any taxable year as a pension, annuity, or other benefit under a State or local public retirement system.…
Summarized by Claude AI · Non-partisan · For informational purposes only