To amend title 5, United States Code, to restore the 3-year basis recovery rule with respect to annuities under chapters 83 and 84 of such title for Federal income tax purposes.

Summary

Official

Amends Federal law to declare that the Tax Reform Act of 1986 shall be applied and administered as if the three-year basis recovery rule applicable to government employees' annuities had not been repealed.

How would you vote on this bill?

Yes No

Bill Progress

Committee is reviewing, marking up, or holding hearings on the bill

Introduced(1/18/91)

Committee

Passed House

Passed Senate

President

Law

Cosponsors (11)

Pallone

House (D) New Jersey

DeLauro

House (D) Connecticut

Markey

Senate (D) Massachusetts

Hoyer

House (D) Maryland

Neal

House (D) Massachusetts

Mfume

House (D) Maryland

Schumer

Senate (D) New York

Smith

House (R) New Jersey

Wyden

Senate (D) Oregon

Norton

House (D) District of Columbia

Latest Action

Referred to the Subcommittee on Compensation and Employee Benefits.

Feb 6, 1991