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HR 5464 97th Congress House Taxation Income tax Labor and Employment Retirement income Social Welfare Tax exclusion

A bill to amend the Internal Revenue Code of 1954 to exclude from gross income retirement benefits received by certain retired individuals who have attained age 65.

Introduced: February 4, 1982 See on congress.gov
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This bill died when the 97th Congress ended
It never became law before the 97th Congress (1981–1982) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 4, 1982
Referred to House Committee on Ways and Means.
Feb 4, 1982
Introduced in House
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 Plain-English summary Congressional Research Service

Amends the Internal Revenue Code to exclude from gross income certain retirement benefits to the extent that such benefits do not exceed the maximum social security benefit.

Reduces such exclusion by the amount of social security benefits received. Limits eligibility for such exclusion to taxpayers who are age 65 or over and who receive retirement benefits which exceed one-half of their adjusted gross income for the year.

What's happening now February 4, 1982

Referred to House Committee on Ways and Means.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Schumer, Charles E.
New York · May 17, 1982
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5464: A bill to amend the Internal Revenue Code of 1954 to exclude from gross income retirement benefits received by certain retired individuals who have attained age 65.. 97th Congress. Open America. https://openamerica.io/bill/97-HR-5464/
MLA
"H.R. 5464: A bill to amend the Internal Revenue Code of 1954 to exclude from gross income retirement benefits received by certain retired individuals who have attained age 65.." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HR-5464/.
Bluebook (legal)
H.R. 5464, 97th Cong. (2026), https://openamerica.io/bill/97-HR-5464/.
Markdown link
[H.R. 5464: A bill to amend the Internal Revenue Code of 1954 to exclude from gross income retirement benefits received by certain retired individuals who have attained age 65.](https://openamerica.io/bill/97-HR-5464/)
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