HR 1750 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a basic $5,000 exemption from income tax for amounts received as annuities, pensions, or other retirement benefits.

Introduced 1975-01-20· Sponsored by Rep. Talcott, Burt L. [R-CA-16]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1975-01-20)

Plain Language Summary

[AI summary unavailable — showing source text] Provides a basic $5,000 exclusion from income tax under the Internal Revenue Code for amounts received as annuities, pensions, or other retirement benefits. States that such exclusion shall not apply to legislative retirement benefits.…

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