H.R. 7791 — A bill to amend the Internal Revenue Code of 1954, to provide a basic $5,000 exemption from income tax, in the case of an individual or married couple, for amounts received as annuities, pension, or other retirement benefits.

Summary

Amends the Internal Revenue Code to provide a $5,000 tax exclusion for persons aged 65 or over for amounts received as an annuity, pension, or other retirement benefit.

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Related Legislation

H.R. 489A bill to amend the Internal Revenue Code of 1954 to provide a basic $5,000 exemption from income tax, in the case of an individual or a married couple, for amounts received as annuities, pensions, or other retirement benefits.
1977-01-04Referred to House Committee on Ways and Means.
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Legislative Actions

1977-06-14
Introduced in House
1977-06-14
Introduced in House
1977-06-14
Referred to House Committee on Ways and Means.

A bill to amend the Internal Revenue Code of 1954, to provide a basic $5,000 exemption from income tax, in the case of an individual or married couple, for amounts received as annuities, pension, or other retirement benefits.

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