HR 2445 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a basic $7,500 exemption from income tax, in the case of an individual or a married couple, for amounts received as annuities, pensions, or other retirement benefits.

Introduced 1981-03-11· Sponsored by Rep. Coughlin, Lawrence [R-PA-13]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-03-11)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow individuals or married couples age 65 or over a $7,500 exclusion from gross income for any amount received as an annuity, pension or other retirement benefit.…

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

Cosponsors (20)

7 Democrats13 Republicans
Rep. Barnard, Doug, Jr. [D-GA-10]GA
Rep. Burgener, Clair W. [R-CA-43]CA
Rep. Daub, Hal [R-NE-2]NE
Rep. Dougherty, Charles F. [R-PA-4]PA
Rep. Florio, James J. [D-NJ-1]NJ
Rep. Forsythe, Edwin B. [R-NJ-6]NJ
Rep. Gingrich, Newt [R-GA-6]GA
Rep. Holt, Marjorie S. [R-MD-4]MD
Rep. Kogovsek, Ray [D-CO-3]CO
Rep. Murphy, Austin J. [D-PA-22]PA
Rep. Price, Melvin [D-IL-23]IL
Rep. Stokes, Louis [D-OH-21]OH
Rep. Whitehurst, G. William [R-VA-2]VA
Rep. Young, Don [R-AK-At Large]AK
Rep. McEwen, Bob [R-OH-6]OH
Rep. Atkinson, Eugene V. [D-PA-25]PA
Rep. Hunter, Duncan [R-CA-42]CA
Rep. Nelligan, James L. [R-PA-11]PA
Rep. Brown, Hank [R-CO-4]CO
Rep. Kramer, Ken [R-CO-5]CO