[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 182 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 182

To clarify that retirement income from pension plans of the government 
  of the Commonwealth of Puerto Rico shall be exempt from nonresident 
          taxation in the same manner as State pension plans.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            January 6, 1999

 Mr. McCollum introduced the following bill; which was referred to the 
                         Committee on Judiciary

_______________________________________________________________________

                                 A BILL


 
To clarify that retirement income from pension plans of the government 
  of the Commonwealth of Puerto Rico shall be exempt from nonresident 
          taxation in the same manner as State pension plans.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Puerto Rican Source Tax Fairness 
Act.''

SEC. 2. CLARIFICATION OF TREATMENT OF PENSION PLANS OF PUERTO RICO AS 
              GOVERNMENTAL PLANS FOR PURPOSES OF LIMITATION ON STATE 
              INCOME TAXATION OF PENSION INCOME.

    (a) In General.--Subparagraph (G) of section 114(b)(1) of title 4, 
United States Code (relating to limitation on State income taxation of 
certain pension income), is amended by striking ``of such Code'' and 
inserting ``of such Code, determined by treating the Commonwealth of 
Puerto Rico as a State''.
    (b) Effective Date.--The amendment made by subsection (a) shall 
apply to amounts received after the date of the enactment of this Act.
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