H.R.919 - Federal Employees Fair Tax Act of 1987100th Congress (1987-1988)
|Sponsor:||Rep. Bateman, Herbert H. [R-VA-1] (Introduced 02/03/1987)|
|Committees:||House - Ways and Means|
|Latest Action:||House - 02/03/1987 Referred to House Committee on Ways and Means. (All Actions)|
This bill has the status Introduced
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Summary: H.R.919 — 100th Congress (1987-1988)All Information (Except Text)
Introduced in House (02/03/1987)
Federal Employees Fair Tax Act of 1987 - Amends the Tax Reform Act of 1986 to repeal provisions which eliminated the three-year basis recovery rule in computing the amount of an employee's retirement benefits includable in gross income.
Provides that the Internal Revenue Code shall be applied and administered as if such provisions had not been enacted.
Repeals provisions which require the inclusion in income of certain distributions received before an annuity starting date.