H.R. 12542 — A bill to amend the Internal Revenue Code of 1954 to exempt from income tax any pension or annuity received under a public retirement system.

Summary

Amends the Internal Revenue Code to exclude from gross income amounts received by an individual as a pension, annuity, or similar retirement benefit under a public retirement system.

Makes technical and conforming amendments.

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Legislative Actions

1976-03-16
Introduced in House
1976-03-16
Introduced in House
1976-03-16
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954 to exempt from income tax any pension or annuity received under a public retirement system.

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Summary

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