S 3328 · 94th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exempt certain State and local government retirement systems from taxation.

Introduced 1976-04-26· Sponsored by Sen. Stone, Richard (Dick) [D-FL]· Senate

Bill Progress

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Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Finance.(1976-04-26)

Plain Language Summary

[AI summary unavailable — showing source text] Exempts retirement systems, trusts, or funds of a State, a political subdivision of a State, or an agency or instrumentality of a State or a political subdivision of a State from the income taxes imposed under the Internal Revenue Code.…

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