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HR 2272 104th Congress House Taxation Annuities Civil Service pensions Federal employees Government Operations and Politics Income tax Labor and Employment Local officials and employees Old age, survivors and disability insurance Retirement income Social Welfare State officials and employees Tax exclusion

Public Pension Parity Act of 1995

Introduced: September 6, 1995 See on congress.gov
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 7, 1995
Sponsor introductory remarks on measure. (CR E1721)
Sep 6, 1995
Referred to the House Committee on Ways and Means.
Sep 6, 1995
Introduced in House
 Plain-English summary Congressional Research Service

Public Pension Parity Act of 1995 - Amends the Internal Revenue Code to: (1) exclude from gross income any amount received by an individual as a qualified governmental pension which does not exceed the maximum excludable social security benefits of the taxpayer for such year reduced by the social security benefits received during such year which were excluded from gross income; and (2) prohibit applying clause (1) to any qualified governmental pension received during the taxable year unless the taxpayer (or the spouse or former spouse of the taxpayer) performed the service giving rise to such pension. Defines the term "maximum excludable social security benefits."

What's happening now September 7, 1995

Sponsor introductory remarks on measure. (CR E1721)

 Committees of jurisdiction 1