[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 973 Introduced in House (IH)]
108th CONGRESS
1st Session
H. R. 973
To amend the Internal Revenue Code of 1986 to restore and make
permanent the exclusion from gross income for amounts received under
qualified group legal services plans and to increase the maximum amount
of the exclusion.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
February 27, 2003
Mr. Camp (for himself, Mr. Levin, Mr. Rogers of Michigan, Mr. Matsui,
Mr. Ryan of Wisconsin, Mr. Rangel, Ms. Jackson-Lee of Texas, Mr.
Delahunt, Mr. Wynn, Mr. Hinchey, Mr. McNulty, and Mr. Ehlers)
introduced the following bill; which was referred to the Committee on
Ways and Means
_______________________________________________________________________
A BILL
To amend the Internal Revenue Code of 1986 to restore and make
permanent the exclusion from gross income for amounts received under
qualified group legal services plans and to increase the maximum amount
of the exclusion.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. EXCLUSION FOR AMOUNTS RECEIVED UNDER QUALIFIED GROUP LEGAL
SERVICES PLANS RESTORED AND MADE PERMANENT.
(a) In General.--Subsection (e) of section 120 of the Internal
Revenue Code of 1986 is amended to read as follows:
``(e) Application of Section.--This section and section 501(c)(20)
shall apply to taxable years beginning.--
``(1) after December 31, 1976, and before July 1, 1992, and
``(2) after December 31, 2003.''
(b) Increase in Maximum Exclusion.--The last sentence of section
120(a) of such Code is amended by striking ``$70'' and inserting
``$150''.
(c) Effective Date.--The amendments made by this section shall
apply to taxable years beginning after December 31, 2003.
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