H.R.4421: To amend the Internal Revenue Code of 1986 to provide that tax-exempt interest shall not be taken into account in determining the amount of social security benefits included in gross income.

About This Bill

Bill Summary

Amends the Internal Revenue Code to repeal the requirement that tax-exempt interest be taken into account when determining the amount of social security and railroad retirement benefits that is subject to tax.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Ways and Means.
Referred to the Subcommittee on Social Security.
May 12, 1994

Introduced in the House by Gerald B.H. Solomon (R-N.Y.)

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