Summary: H.R.9462 — 95th Congress (1977-1978)All Information (Except Text)

There is one summary for H.R.9462. Bill summaries are authored by CRS.

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Introduced in House (10/06/1977)

Amends the Internal Revenue Code to provide that State and local government retirement systems shall be tax exempt organizations. Exempts these systems from the reporting requirements pertaining to deferred compensation. Treats all such systems as qualified pension plans under the code.