HR 11770 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 with respect to the estate and gift tax treatment of certain retirement plans.

Introduced 1978-03-22· Sponsored by Rep. Steiger, William A. [R-WI-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1978-03-22)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude income tax deductible retirement savings payable as an annuity to an individual and his spouse from the gross estate of the individual. Exempts such savings from treatment as taxable transfers for purposes of the gift tax.…

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