To amend the Internal Revenue Code of 1986 to provide for the exclusion from gross income of a certain portion of amounts received as annuities, pensions, or other retirement benefits by individuals who have attained age 65.
Tax Relief for Elderly Pensioners Act - Amends the Internal Revenue Code to exclude from the gross income of individuals aged 65 or older up to $9,600 ($12,800 for joint returns) of amounts received as annuities, pensions, or other retirement benefits.
Introduced in House
Introduced in House
Referred to the House Committee on Ways and Means.
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