A bill to provide that individuals who retired on disability before October 1, 1976, shall be entitled to the exclusion for disability payments under section 105(d) of the Internal Revenue Code of 1954 without regard to the income limitation in such section, and for other purposes.

[AI summary unavailable — showing source text] Amends the Tax Reform Act of 1976 to provide an exclusion for all disability pension payments (including veterans pensions) received by persons who retired before October 1, 1976, and who retired on disability or were entitled to retire on disability.…