HR 13697 · 95th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to allow tax-free rollovers of certain amounts received under section 403(b) annuities.

Introduced 1978-08-02· Sponsored by Rep. Schulze, Richard T. [R-PA-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1978-08-02)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from the gross income of teachers and employees of tax-exempt organizations amounts distributed from tax-exempt annuity plans pursuant to a transfer of accumulated retirement benefits to a newly established annuity or an individual retirement account (IRA).…

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