HR 6172 · 96th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to exclude each year $10,000 of pensions and annuities from the gross income of individuals who have attained age 65.

Introduced 1979-12-18· Sponsored by Rep. Rinaldo, Matthew J. [R-NJ-12]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1979-12-18)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow individuals who have attained age 65 a $10,000 exclusion from gross income of income received from any pension or annuity for which no income tax deduction was allowable for employee contributions.…

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