HR 804 · 99th Congress · Taxation

A bill to amend the Internal Revenue Code of 1954 to provide a basic $10,000 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 1985-01-30· Sponsored by Rep. Lent, Norman F. [R-NY-4]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Ways and Means.(1985-01-30)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Internal Revenue Code to allow individuals or married couples aged 65 or over a $10,000 exclusion from gross income for any amounts received as annuities, pensions, or other retirement benefits.…

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