HR 372
105th Congress
House
Taxation
Annuities
Civil Service pensions
Federal employees
Government Operations and Politics
Income tax
Labor and Employment
Local employees
Old age, survivors and disability insurance
Personal income tax
Retirement income
Social Welfare
State employees
Tax exclusion
Public Pension Parity Act of 1997
Introduced: January 7, 1997
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 21, 1997
Referred to the Subcommittee on Social Security.
Jan 7, 1997
Referred to the House Committee on Ways and Means.
Jan 7, 1997
Introduced in House
Plain-English summary
Public Pension Parity Act of 1997 - 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
Referred to the Subcommittee on Social Security.
Committees of jurisdiction
2