HR 13869 · 94th Congress · Taxation

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 a married couple, for amounts received as annuities, pensions, or other retirement benefits.

Introduced 1976-05-18· Sponsored by Rep. Miller, Clarence E. [R-OH-10]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1976-05-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to provide a $5,000 tax exclusion from gross income for any amount received as an annuity, pension, or other retirement benefit. Limits the exclusion to $5,000 for married couples as well as individuals.…

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