HR 4722 · 97th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a $7,000 exemption from income tax for retirement benefits attributable to service performed as a police officer or firefighter.

Introduced 1981-10-07· Sponsored by Rep. Smith, Joseph F. [D-PA-3]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1981-10-07)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to exclude from gross income up to $7,000 of retirement benefits received by a police officer or firefighter under a public retirement system.…

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