Amends the Internal Revenue Code to allow individuals age 65 or over a $9,000 ($18,000 for married couples filing jointly) exclusion from gross income for any income received.
Amends title II of the Social Security Act (Old Age, Survivors and Disability Benefits) to provide that no benefits paid under that title shall be subject to any Federal tax.
Introduced in House
Introduced in House
Referred to House Committee on Ways and Means.
Referred to Subcommittee on Social Security.
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