HR 8266 · 94th Congress ·
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.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to House Committee on Ways and Means.(1975-06-26)
Plain Language Summary
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Excludes from gross income under the Internal Revenue Code the first $5,000 received each year as an annuity, pension, or other retirement benefit.…
Summarized by Claude AI · Non-partisan · For informational purposes only