HR 8855 · 93th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income the severance pay received by individuals as a result of the consolidation, reduction, realignment, or closure of certain military and naval installations.

Introduced 1973-06-20· 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.(1973-06-20)

Plain Language Summary

[AI summary unavailable — showing source text] Excludes from gross income, under the Internal Revenue Code, the severance pay received by individuals as a result of the consolidation, reduction, realinement, or closure of specified military and naval installations.…

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