[Congressional Bills 104th Congress]
[From the U.S. Government Publishing Office]
[S. 997 Introduced in Senate (IS)]

  1st Session
                                 S. 997

   To amend the Internal Revenue Code of 1986 to make permanent the 
  exclusion for amounts received under qualified group legal services 
                                 plans.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                June 29 (legislative day, June 19), 1995

  Mr. D'Amato introduced the following bill; which was read twice and 
                  referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
   To amend the Internal Revenue Code of 1986 to make permanent the 
  exclusion for amounts received under qualified group legal services 
                                 plans.
    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. PERMANENT EXTENSION OF EXCLUSION FOR AMOUNTS RECEIVED UNDER 
              QUALIFIED GROUP LEGAL SERVICES PLANS.

    (a) General Rule.--Section 120 of the Internal Revenue Code of 1986 
(relating to amounts received under qualified group legal services 
plans) is amended by striking subsection (e) and by redesignating 
subsection (f) as subsection (e).
    (b) Effective Date.--The amendments made by subsection (a) shall 
apply to taxable years beginning after December 31, 1994.
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