HR 3780 · 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.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1975-02-26)
Plain Language Summary
[AI summary unavailable — showing source text]
Excludes from gross income under the Internal Revenue Code of 1954 the first $5,000 received as annuities, pensions, or other retirement benefits.…
Summarized by Claude AI · Non-partisan · For informational purposes only