HR 903 · 93th Congress · Taxation

A bill to amend title 38 of the United States Code so as to provide that public or private retirement, annuity, or endowment payments (including monthly social security insurance benefits) shall not be included in computing annual income for the purpose of determining eligibility for a pension under chapter 15 of that title.

Introduced 1973-01-03· Sponsored by Rep. Pettis, Jerry L. [R-CA-33]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1973-01-03)

Plain Language Summary

[AI summary unavailable — showing source text] Provides, under the Internal Revenue Code, that income from entertainment activities held in conjunction with a public fair conducted by a tax-exempt organization shall not be unrelated trade or business income and shall not affect the tax exemption of the organization. (Amends 26 U.S.C. 513)…

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