HR 727
101th Congress
House
Taxation
Annuities
Civil Service pensions
Civil service retirement
Federal employees
Income tax
Local officials and employees
Retirement income
State officials and employees
Tax exclusion
To amend the Internal Revenue Code of 1986 to exclude from gross income that portion of a governmental pension which does not exceed the maximum benefits payable under title II of the Social Security Act which could have been excluded from income for the taxable year.
Introduced: January 31, 1989
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 6, 1989
Referred to the Subcommittee on Social Security.
Jan 31, 1989
Referred to the House Committee on Ways and Means.
Jan 31, 1989
Introduced in House
Plain-English summary
Amends the Internal Revenue Code to exclude from the gross income of an individual amounts received as a pension or annuity under a public retirement system to the extent they are not attributable to services covered under the social security system. Limits the tax exclusion based upon calculations relating to income tax treatment of social security benefits.
What's happening now
Referred to the Subcommittee on Social Security.
Committees of jurisdiction
2
Cosponsors
1