S 1129 · 93th Congress · Taxation
A bill to amend the Internal Revenue Code of 1954 to increase the credit against tax for retirement income.
Bill Progress
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Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Referred to Senate Committee on Finance.(1973-03-08)
Plain Language Summary
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Increases the credit against tax for retirement income under the Internal Revenue Code and coordinates it with the maximum social security retirement benefits. Provides that this Act is to become effective for taxable years beginning after December 31, 1972. (Amends 26 U.S.C. 37)…
Summarized by Claude AI · Non-partisan · For informational purposes only